Butterworths Journal of International Banking and Financial Law 2026/3

Spotlight

  • Matthew Czyzyk, Natalie Blanc, Georgia Papathanasiou: LMEs in European restructurings: local law constraints and evolving market practice (147)

Features

  • William Willson, Angus Groom: LMEs under attack: possible challenges and how they might succeed (152)
  • Kirill Lebedyanskiy: Political risk in project and infrastructure finance: rising challenges and modern mitigation strategies (155)
  • Matthew Watson, Callum Caldwell: Calling a spade a spade: substance over form in covenants restraining further borrowing (160)
  • Miguel Calejo: Can we vibe code financial contracts? (162)
  • Neil Hamilton: “Measured at origination” in EU and UK securitisations (165)
  • Andrew Thompson, Philip Morrison: Wrongful trading and the creditor duty in refinancing scenarios: uneasy bedfellows? (168)
  • Ferdisha Snagg, Noah D’Aeth: The IOSCO Final Report on pre-hedging: is this the final word? (171)
  • Farhaz Khan, Chloë Bell: Are we reaching any further clarity on Braganza in loan documentation? (175)
  • Louis Grandjouan: Does a contract of indemnity sound in damages, or in debt? (179)
  • Richard Oliphant: FCA Consumer Duty: why challenger banks should integrate e-signatures into their mobile apps (182)
  • Eleanor Davison, Charles Redmond: Market abuse: the limits on civil recovery for investors in the US and UK (185)
  • Akber Datoo, Jason de Mink: To ban or not to ban; that is the (cryptoasset) question (189)
  • Michael Huertas: Supply chain finance in the EU: Part 3 – making SCF transparent: data standards, repositories and servicer governance (193)

In Practice

  • Patrick Leftley, Tracy Dariane: Market trends in mitigating conduct risk in private asset backed structured finance transactions (196)
  • Jason Blick: Security Action for Europe: legal architecture, implementation and private capital’s opening (198)
  • Joseph Paddon: The FCA’s new framework for targeted support in pensions and retail investments (199)

Regulars

  • Book Review Viability in Corparate Debt Restructuring by Lydia Tsioli – Review by Andrew Wilkinson at Weil (201)
  • ESG Update by Ying-Peng Chin of A&O Shearman (203)
  • Competition Law Update by Kirkland & Ellis (International) LLP (205)
  • Case Analysis by Hogan Lovells (207)
  • Regulation Update by Norton Rose Fulbright (210)
  • Market Movements by CMS (213)
  • Deals (215)
  • Legal Ease by Lexis+® UK (216)

Butterworths Journal of International Banking and Financial Law 2026/2

Spotlight

  • Philip Wood: Smart legal opinions, digitalisation and insolvency netting (79)

Features

  • Fred Hobson, Vanshaj Jain: Guardrails on contractual discretions: navigating the content and consequences of the Braganza constraint (81)
  • Isabella Lewis: Security over e-money: the form of security and blocking (84)
  • Rebecca Keating: Low or maximum security? Navigating the risks in taking security over AI-generated materials (86)
  • Akber Datoo: The “digital” answer is always netting … (89)
  • Henry Warwick, Benn Sheridan: Credit Suisse v Ivanishvili: the door opens to fraud-on-the-market claims under s 90A FSMA (93)
  • Karl Clowry: Do divergent terms across European leveraged finance documentation really create misunderstanding, mischief and mayhem? (97)
  • Ben Smiley, Helena Spector: The fraught identification of the wealthy investor as a “consumer” and/or “professional” (102)
  • Giulia Paladini, Charles Kerrigan: When code meets compliance: the institutional turn in Decentralised Finance (105)
  • Andy Vickery, Alex Shopow, Jördis Heckt-Harbeck, Guillaume Malaty, George Gooderham: Unlocking the potential: why the EU needs a dedicated securitisation special purpose entity (109)
  • Dominic Gregory: Sustainable finance: leaving everyone behind (112)
  • Vincenzo Bavoso: The growth of private credit in the UK: the “new” threat to financial stability (115)
  • Phoebus L Athanassiou: Multi-issuance schemes for payment stablecoins: an EU-US comparison (119)
  • Michael Huertas: Supply chain finance in the EU: Part 2 – fixing enforceability: conflicts of law, true sale and an interoperable e‑notice regime (122)

In Practice

  • Karan Chopra, Bernard Lung, Tessa Mallia: Acquisition documents: overview of lender considerations (126)
  • Hywel Jenkins, Ian Thomas, Isobel Salzedo: The shifting focus of regulatory intervention: from enforcement to assertive supervision (128)
  • Mona Rothwell, Pragesh Sivaguru, Tony Katz: Is “name and shame” here to stay? Court dismisses challenge to FCA’s decision to publicly name (130)

Regulars

  • Case Analysis by One Essex Court: Mitchell v Al-Jaber and Beneathco DMCC v R.J. O’ Brien Limited (132)
  • Regulation Update by Norton Rose Fulbright (135)
  • Market Movements by CMS (139)
  • Deals (141)
  • Legal Ease by Lexis+® UK (142)
  • International Briefing from Finland (143)

Butterworths Journal of International Banking and Financial Law 2024/1

Spotlight

  • Duncan Sheehan: Digital Assets: why the Law Commission are wrong about control (3)


Features

  • Andrew Thompson, Philip MorrisonCarillon: a director’s strict duty to know the company’s true financial position? (5)
  • Rabin Kok: Third party rights and the LMA suite of Debt Documents (8)
  • Alan Davies, Michelle Gilmore-Parry: The rise of “hybrids” in the ever-converging PIK and Preferred Equity landscape (11)
  • Akber Datoo: Offer and acceptance … and sailing into the terms of decentralised networks (15)
  • Stephen Moverley Smith, Rachel Carver: Can beneficial noteholders commence insolvency proceedings? Diverging views emerge across the offshore world (21)
  • Dan Hirschovits, Aaron Ferner, Joshua Bunn: Going public: the impact of IPOs on facility agreements (24)
  • Susan Wong, Lim Wei Lee, Felix Lee: Sanctions clauses in documentary credit transactions: a cautionary tale (28)
  • David Rouch: Investor duties and sustainability: the turn towards tackling sustainability challenges (31)
  • Matthew Parfitt: Just a minute: inserting the time into pre-prepared board minutes (36)

  • Benjamin Pilling, Ruth Bala: Shared appreciation mortgages: how far can the “unfair relationships” regime stretch? (38)

  • Ciarán McGonagle, Finn Casey Fierro: For whom the code tolls: an integrated, modular architecture for smart derivatives contracts (41)
  • Simon Crown, Monica Sah, Sara Evans: Third country market access for core banking services in the EU: all change from autumn 2026 (45)
  • Jacob J Meagher: The implications of the novel “Audit Duty” on professional service firms: Part 2 (49)

In Practice

  • James Greene, Martin Forbes, Nicola Chapman, Man Hay Yip, : The art of the intercreditor
    Ripping up the rulebook: financing the energy transition (54)
  • Chris Armstrong, Christopher Sullivan: Preparing for a new UK securitisation framework (56)

Regulars

  • Case Analysis by 3 Verulam Buildings (58)
  • Regulation Update by Norton Rose Fulbright (64)
  • Market Movements by CMS (69)
  • Deals (71)
  • Legal Ease with Lexis+® UK (72)