Duncan Sheehan: Taking security over stablecoins (691)
Features
Isabel Tinsley, Siân Howes, Tim Hinrichsen: The key characteristics of data centres in the US and Europe: an overview for those involved in financings – Part 1 (694)
Nicola Yeomans: Managing currency risk in emerging Asia investment: towards diversification (698)
Vanessa Yi Ting Cheok: Arbitration and insolvency in a sliding, multi-creditor context: Sapura and other common law approaches (707)
Nicholas Medcroft, Gillian Hughes: Reassessing the Quincecare duty: anti-money laundering obligations and the boundaries of authorised payments (711)
Rebecca Zaman: Walking away: lessons from the Vietjet litigation for retiring security trustees (714)
Nicolas P Pellicani, Vera Losonci, Jeff Robins, Zhenya Lebedev, Esther Stefanini, Phoebe Steinfeld: Securities lending in the age of PISCES (716)
Giles Wheeler: Misrepresentation and the constructive trust: a hunt for clarity (719)
Steven Elliott, Marcus Teo: Anti-suit injunctions outside contract: a new beginning (723)
Jack Prettejohn: Risky business: brokers and platforms in the UK’s crypto regime (727)
Danny Busch, Matthias Lehmann: Uniform prospectus liability rules for Europe now! (731)
John Budd, Simon Lafferty: The FCA’s safeguarding reforms for payments and e-money firms: an update (735)
Spyridon V Bazinas: Security interests in digital assets under uniform law (737)
Iwa Salami, William J Buchanan: Data privacy in a retail CBDC system built on a public blockchain (739)
In Practice
Jeremiah Wagner, Christopher Sullivan: Securitisation shake-up: will streamlined due diligence and new sanctions ignite or inhibit the EU market? (746)
Joseph Paddon: The future of UK AIFMD: what does this mean for fund managers? (748)
Richard Salter: Preserving guarantor liability: another look (363)
Feature
Lindsay Hingston, Georgina Peters: Waving not drowning: Thames Water clarifies approach to out of the money creditors (367)
James Hall, William Golightly: Schrödinger’s Deed: can an instrument be two things at once? (372)
Joseph Wigley: The LMA insolvency events of default clause: potential pitfalls and how to avoid them (375)
Jenny Doak, Stuart Pibworth: No guarantees: UK corporation and withholding tax complexities of guarantees (378)
Ferdisha Snagg, Yasmin Frischmeier: Cryptoasset regulation: a comparative analysis of UK and EU regimes (382)
Ben Dulieu: Convertible bonds: a valuable funding tool in volatile markets (385)
Isabel Tinsley, Ioanna Varra: The Law of Property Act 1925 turns 100 this year: Happy Birthday! (388)
James Greeen, Christian Pilkington, Hannah Langley: Splitting the difference: transfer of assets and liabilities in restructurings to reset business profile (392)
Cristiano Borgogna: EMIR 3.0, post-trade risk reduction services and the initial margin threshold: an unintended consequence (394)
Matt Dunn, Toby Mann: The LMA’s guidance on fallbacks to interbank term rates: a call to arms (396)
David Bunting: Ups and downs of the EU Benchmarks Regulation (399)
Oliver Völkel: MiCA: unresolved questions (403)
Matthew E Schernecke: Climate risk in the commercial real estate market (407)
In Practice
Charles Morris: Intermediated guarantees as unfunded credit protection (409)
Suzana Sava-Montanari, Christopher Sullivan: EU proposed securitisation disclosure reforms: is the remedy worse than the affliction? (411)
Fiona Henderson, James Dickie, Laura Collins: E-money: operational solutions to blocked accounts in financing (413)
Regulars
Competition Law Update by Kirkland & Ellis (414)
Case Analysis by Hogan Lovells and Essex Court Chambers (415)
Regulation Update by Norton Rose Fulbright (420)
Market Movements by CMS (423)
Deals (425)
Legal Ease with Lexis+® UK (426)
International Briefings from the Netherlands (427)
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)