08 Apr, 2024 Sustainably-linked loans: navigating new Loan Market Association guidance for fund finance facilities By Adam Caines Natalie Liu As the financial sector stands at the crossroads of economic growth and sustainability, the Loan Market Association's (LMA) will hope...
09 Oct, 2023 Penalising default interest: a spotlight on the bridging loan market By Adam Caines Christian Anthony Rachael Preston Katherine Hensby +1 more... Show less Earlier this year, the High Court ruled that a clause in a loan agreement which imposed a default interest rate of 4% per month...
03 Oct, 2023 Transparency to navigate a new normal: IOSCO reports on proposed good practices on leveraged loans, and emerging risks in private finance By Andrew Perkins Kirstie Hutchinson Jamie Macpherson Katherine Hensby +1 more... Show less On 14 September 2023, the International Organisation of Securities Commissions (IOSCO), the internal policy forum for securities...
22 Jun, 2023 Trending topics from the FFA European Fund Finance Symposium 2023 By Richard Fletcher Clare Golding Macfarlanes were proud to again sponsor the Annual European Fund Finance Symposium in London this week, now in its seventh iteration, and...
22 Jun, 2023 A lender for every dilemma: FFA 2023 Symposium panel discussion on non-bank lenders By Richard Fletcher Clare Golding At the 7th Annual European Fund Finance Symposium this week, our co-head of fund finance, Richard Fletcher, chaired a panel on non-bank...
20 Oct, 2022 EU reaches positive agreement on ELTIF reforms By Samuel Brooks Gavin Haran Tiffany Cox Negotiations have concluded between the European Council and the European Parliament on changes to the European Long Term Investment Fund...
04 Jul, 2022 Trending topics from the FFA European Fund Finance Symposium 2022 By Clare Golding Adam Caines The return of the in person Annual European Fund Finance Symposium to London on 28 June 2022 was marked by a sense of optimism for the...
29 Jul, 2021 Measure for measure: the new liquidity framework for open-ended funds By Gavin Haran The Bank of England (BoE) and the Financial Conduct Authority (FCA) have concluded their study into potential vulnerabilities because of...
28 Jul, 2020 Securitisation Regulation - STS and NPE amendments By Richard Fletcher On 24 July 2020, the European Commission published a legislative proposal for a regulation to amend the Securitisation Regulation (the SR...
14 Jul, 2020 ESMA publishes final report on securitisation repository data guidelines By Richard Fletcher Edward Karsten Kartik Iyer In January 2020, we discussed ESMA’s publication of a consultation paper on securitisation data submissions pursuant to Article 4(2)(d)...
17 Jun, 2020 Green shoots of ESG-linked lending appearing in fund financing By Rachel Richardson Substantial developments towards environmental, social and governance (ESG) principles have been incorporated into all types of financial...
12 May, 2020 STS synthetic securitisations – EBA final report By Richard Fletcher On 6 May 2020, the EBA published its final report (the Final Report) on an STS framework for synthetic securitisation under Article 45 Of...
19 Mar, 2020 EMIR Refit – fund managers to bear reporting responsibility By William Sykes From 18 June 2020, the regulatory obligation under EMIR on certain types of fund to report derivative transactions to an approved trade...
23 Jan, 2020 ESMA consults on securitisation repository data guidelines By Kartik Iyer Richard Fletcher Pursuant to Article 4(2)(d) of the draft Commission Delegated Regulation supplementing Regulation (EU) 2017/2402, securitisation...
08 Feb, 2019 A spate of developments but new securitisation disclosure requirements still lack clarity By Richard Fletcher Background On 1 January 2019, a new framework for European securitisations took effect under the EU Securitisation Regulation. As part of...
21 Dec, 2018 Sun, sand and suspicious tax authorities: will the EU blacklist the USA? By Joe Maughan “The difference between tax evasion and tax avoidance is: (a) whatever the IRS says; (b) 20 years in prison; (c) a good lawyer; (d) all...