Finance Law and Banking Law

The Hormuz crisis has exposed critical vulnerabilities in Asia's refining and petrochemical sectors, where dependence on Middle Eastern crude flows through the Strait creates immediate margin compression and covenant pressure. As disruptions translate into plant-level losses across the region, lenders face the urgent task of distinguishing assets that can weather the storm from those approaching insolvency.

Energy financing is evolving beyond traditional project-level debt as sponsors increasingly layer holdco finance and NAV facilities into their capital stacks. How do these three financing products interact, and what legal and structural challenges arise when managing competing claims on cash flows moving from project level to fund level?

Surging AI demand is creating unprecedented demand for capital, driving a major need for new data center capacity. This analysis explores how data center financing structures are evolving to address different stages of infrastructure development, from land acquisition and construction through to long-term capital markets takeout, examining the unique challenges of AI-focused facilities and the sophisticated blend of real estate, infrastructure, and structured credit approaches required.

The decision illustrates the margin of discretion afforded to lenders to include provisions to defend their legitimate interest in repayment.

In UK real estate finance transactions, high-net-worth sponsors are sometimes required to provide personal guarantees to lenders. These guarantees serve as additional security when lenders cannot fully recover debts from the underlying real estate, or when specific risks emerge that require the sponsor to take particular actions within defined timeframes. The personal guarantee creates a financial incentive for sponsors to fulfill their obligations and mitigate identified risks.

Lizzie Egan interviews Aidan Faik, senior private banker and head of landed estates at Weatherbys Private Bank, exploring current trends in rural property finance, from residential portfolio challenges and holiday let opportunities to the complexities of trust structures and biodiversity net gain projects. The conversation examines how Basel 3.1 regulations will fundamentally reshape lending terms for estate owners, and why understanding the residential versus commercial classification of property has becom

TRAction often gets asked whether Rolling Spot FX and Spot Precious Metals are reportable under MiFIR. In this article, we explain why we consider that Rolling Spot FX and Spot Precious Metals are not reportable under MiFIR.

Market participants employ four main credit risk transfer structures—bank-issued CLNs, SPV-issued CLNs, credit default swaps, and participation interests—each carrying distinct risk, regulatory, and funding profiles that require careful evaluation. Asset managers must navigate critical considerations including due diligence protocols, credit event definitions, and recovery rights to optimize returns. Recent Basel 3 re-proposals in the U.S. and regulatory developments in the E.U. and U.K. are res

Executive Summary: This summary focuses on provisions of the Bill most relevant to investment managers, fund managers and investment advisers.

Andy Burnham's vision for 'Number 10 North' aims to devolve power and drive regional economic growth across the UK, but where will the investment come from? Guernsey's funds sector has quietly been channeling billions in international capital directly into UK regions for years, backing infrastructure, innovation, and defense projects from Manchester to Durham. With £58 billion already invested and growing at 7% annually, this established conduit may hold part of the answer to Britain's regional investm

On 14 July 2026, the Financial Conduct Authority (FCA) published CP26/28, launching a consultation on a wholesale redesign of the UK regime for alternative investment fund managers (AIFMs), alongside HM Treasury (HMT)’s parallel changes to the underlying legislation.

As Guernsey marks a decade of evolution in international finance, legal experts across investment funds, banking, private wealth, and regulatory practices examine how client priorities have transformed from jurisdiction-specific transactions to complex, multi-jurisdictional strategies requiring integrated expertise. The analysis explores emerging trends in governance, digital finance, and cross-border advisory that are reshaping decision-making in 2026.