https://s1-uk.practicallaw.thomsonreuters.com/WLN-PLCUK-SC_2605.1.2002/productViews/plcuk/Legal updateshttps://uk.practicallaw.thomsonreuters.comFinancehttps://uk.practicallaw.thomsonreuters.com/Document/I7e208d195e6e11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I7e208d195e6e11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 09 Jun 2026 00:00:00 CDTWe have published a new practice note on fund finance from an English law perspective.https://uk.practicallaw.thomsonreuters.com/Document/I7e208d195e6e11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id96bdd6f5e5211f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id96bdd6f5e5211f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 02 Jun 2026 00:00:00 CDTThe draft Register of Overseas Entities (Protection and Trusts) and Limited Liability Partnerships (Application of Company Law) (Amendment) Regulations 2026 have been re-published, superseding regulations of the same name published and laid before parliament on 22 April which were subsequently withdrawn.https://uk.practicallaw.thomsonreuters.com/Document/Id96bdd6f5e5211f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I75f8fc7d5db911f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I75f8fc7d5db911f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 01 Jun 2026 00:00:00 CDTThe Joint Money Laundering Steering Group (JMLSG) has published, for consultation, proposed revisions to Part I of its anti-money laundering (AML) and counter-terrorist financing (CTF) guidance for the financial services sector.https://uk.practicallaw.thomsonreuters.com/Document/I75f8fc7d5db911f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ibafbe9425d9f11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ibafbe9425d9f11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 01 Jun 2026 00:00:00 CDTThe Loan Market Association (LMA) has published an explanation of changes to the ERISA representations in its latest secondary debt trading documents.https://uk.practicallaw.thomsonreuters.com/Document/Ibafbe9425d9f11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I7b43a305590311f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I7b43a305590311f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 29 May 2026 00:00:00 CDTIn May 2026, ISDA® published several legal opinions.https://uk.practicallaw.thomsonreuters.com/Document/I7b43a305590311f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I56cd5e505a7c11f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I56cd5e505a7c11f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 29 May 2026 00:00:00 CDTPractical Law provides free training on how to use Practical Law more effectively. This is available in a variety of formats, including live webinars and training videos.https://uk.practicallaw.thomsonreuters.com/Document/I56cd5e505a7c11f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I6812b1cb57ec11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I6812b1cb57ec11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 26 May 2026 00:00:00 CDTThe International Organization of Securities Commissions (IOSCO) has published a final report providing a toolkit for supervising AI use in capital markets.https://uk.practicallaw.thomsonreuters.com/Document/I6812b1cb57ec11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I68128f2557ec11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I68128f2557ec11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 26 May 2026 00:00:00 CDTWe have published an article highlighting what's on the agenda for in-house lawyers in June 2026.https://uk.practicallaw.thomsonreuters.com/Document/I68128f2557ec11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I076bb1d9554011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I076bb1d9554011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 22 May 2026 00:00:00 CDTThe FCA has published a report containing the findings from its transition finance pilot.https://uk.practicallaw.thomsonreuters.com/Document/I076bb1d9554011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I22fb717e553411f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I22fb717e553411f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 22 May 2026 00:00:00 CDTThe LMA, in collaboration with Clifford Chance LLP, has published a note entitled Middle East: Explanatory Guidance on Force Majeure, Material Adverse Effect, Market Flex and Market Disruption Provisions.https://uk.practicallaw.thomsonreuters.com/Document/I22fb717e553411f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I44a39443552011f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I44a39443552011f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 21 May 2026 00:00:00 CDTThe Securitisation (Overseas STS Equivalence) (European Union, Iceland, Liechtenstein and Norway) Regulations 2026 (SI 2026/550) have been published on legislation.gov.uk.https://uk.practicallaw.thomsonreuters.com/Document/I44a39443552011f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I9d2235b5539611f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I9d2235b5539611f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 20 May 2026 00:00:00 CDTIn Spec 1 Ltd v Export-Import Bank of China [2026] EWHC 1162 (Comm), the High Court dismissed the defendant lender's application to stay English proceedings in favour of Singapore. It also dismissed the claimant borrowers' applications for anti-suit and anti-anti-suit injunctions. Both sides' applications failed because the asymmetric exclusive jurisdiction clause in the loan agreement they had entered into contemplated parallel proceedings in multiple jurisdictions.https://uk.practicallaw.thomsonreuters.com/Document/I9d2235b5539611f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5f6244c352b111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5f6244c352b111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 20 May 2026 00:00:00 CDTWe have published a practice note giving an overview of the Building Safety (Wales) Act 2026.https://uk.practicallaw.thomsonreuters.com/Document/I5f6244c352b111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Idd213754503b11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Idd213754503b11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 15 May 2026 00:00:00 CDTThe draft Register of Overseas Entities (Protection and Trusts) and Limited Liability Partnerships (Application of Company Law) (Amendment) Regulations 2026 have been withdrawn.https://uk.practicallaw.thomsonreuters.com/Document/Idd213754503b11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ic0e0a604489911f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ic0e0a604489911f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 06 May 2026 00:00:00 CDTThe International Securities Lending Association has published a Digital Bonds Annex for use with Global Master Securities Lending Agreement (GMSLA) documents.https://uk.practicallaw.thomsonreuters.com/Document/Ic0e0a604489911f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Idebb52b9449111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Idebb52b9449111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 01 May 2026 00:00:00 CDTThe English Devolution and Community Empowerment Bill has received Royal Assent and is now known as the English Devolution and Community Empowerment Act 2026.https://uk.practicallaw.thomsonreuters.com/Document/Idebb52b9449111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iaa16bd70447e11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iaa16bd70447e11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Apr 2026 00:00:00 CDTThe International Capital Market Association has published a Digital Bonds Annex for use with the 2011 version of the Global Master Repurchase Agreement (GMRA 2011).https://uk.practicallaw.thomsonreuters.com/Document/Iaa16bd70447e11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ied871f36442511f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ied871f36442511f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Apr 2026 00:00:00 CDTPLC Magazine articles are available online. The May 2026 edition includes an article that may be of interest to finance subscribers.https://uk.practicallaw.thomsonreuters.com/Document/Ied871f36442511f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I1176040a269711f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I1176040a269711f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Apr 2026 00:00:00 CDTWe have published 3VB's Finance column Manifesting grounds for challenge, written by Richard Hanke of 3 Verulam Buildings.https://uk.practicallaw.thomsonreuters.com/Document/I1176040a269711f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I48826c3b437f11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I48826c3b437f11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Apr 2026 00:00:00 CDTIn April 2026, ISDA® published several legal opinions.https://uk.practicallaw.thomsonreuters.com/Document/I48826c3b437f11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I542b14a0440111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I542b14a0440111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Apr 2026 00:00:00 CDTPractical Law provides free training on how to use Practical Law more effectively. This is available in a variety of formats, including live webinars and training videos.https://uk.practicallaw.thomsonreuters.com/Document/I542b14a0440111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia10bfc1a417d11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia10bfc1a417d11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 27 Apr 2026 00:00:00 CDTWe have published an article highlighting what's on the agenda for in-house lawyers in May 2026.https://uk.practicallaw.thomsonreuters.com/Document/Ia10bfc1a417d11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I721df2ba3eea11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I721df2ba3eea11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 23 Apr 2026 00:00:00 CDTThe draft Register of Overseas Entities (Protection and Trusts) and Limited Liability Partnerships (Application of Company Law) (Amendment) Regulations 2026 have been published.https://uk.practicallaw.thomsonreuters.com/Document/I721df2ba3eea11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I19d0517f3d5211f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I19d0517f3d5211f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 21 Apr 2026 00:00:00 CDTIn HMRC v Burlington Loan Management DAC [2026] EWCA Civ 461, the Court of Appeal held that Article 12(5) of the UK-Ireland double taxation treaty did not apply to prevent the application of Article 12(1) exempting an interest payment, to an assignee of a debt claim, from UK withholding tax.https://uk.practicallaw.thomsonreuters.com/Document/I19d0517f3d5211f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5e87b83d3b0611f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5e87b83d3b0611f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 20 Apr 2026 00:00:00 CDTWe have published an article on how to develop yourself and your team for in-house success and recognition.https://uk.practicallaw.thomsonreuters.com/Document/I5e87b83d3b0611f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I804f76df3a5811f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I804f76df3a5811f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 17 Apr 2026 00:00:00 CDTTwo deal summaries have recently been added to Practical Law What's Market. The deals include debt financing as part of the bid financing arrangements.https://uk.practicallaw.thomsonreuters.com/Document/I804f76df3a5811f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ib28ae6da38ad11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ib28ae6da38ad11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 16 Apr 2026 00:00:00 CDTIn Shukla v St James Bank & Trust Company Ltd and another [2026] EWHC 851 (Comm) (14 April 2026), the High Court found that the existence of the borrower's equity of redemption meant that the lender had an implied contractual duty to cooperate with the borrower to allow the borrower to redeem the loan. The lender breached this implied term and borrower had a claim for breach of contract as well as a redemption action.https://uk.practicallaw.thomsonreuters.com/Document/Ib28ae6da38ad11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/If3f4eecc295111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/If3f4eecc295111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 16 Apr 2026 00:00:00 CDTWe have published Video, Property (Digital Assets etc) Act 2025: a third category of personal property.https://uk.practicallaw.thomsonreuters.com/Document/If3f4eecc295111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie880686e38aa11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie880686e38aa11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 15 Apr 2026 00:00:00 CDTWe have published a new practice note on liability management exercises involving debt securities.https://uk.practicallaw.thomsonreuters.com/Document/Ie880686e38aa11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iaa09b9c7381811f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iaa09b9c7381811f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 14 Apr 2026 00:00:00 CDTThe International Capital Market Association has published revised versions of its Global Master Repurchase Agreement (GMRA) legal opinions.https://uk.practicallaw.thomsonreuters.com/Document/Iaa09b9c7381811f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29