Butterworths Journal of International Banking and Financial Law 2026/5

Spotlight

  • Wael Zaki: Ijara and Murabaha under wartime stress: Shariah-compliant real estate financing in the 2026 Gulf conflict (295)

Features

  • Craig Morrison: One size fits all? Default interest applicable to multiple events of default and the law of penalties (299)
  • Daniel Winick, Abigail Simon, Dana O’Shea: The rise of anti-cooperation provisions in US credit documents (302)
  • Jessica Walker, Stuart Davis, Thomas Vogel, Jeremy Green, Tim Robinson, Ivan Pizeta, Jasmine Hopkinson: An analysis of the application of property and insolvency laws to DeFi lending structures (305)
  • Eric Fiszelson: Cross-border security releases: navigating the patchwork of local law requirements (310)
  • Ciarán McGonagle: From Zeno to Novat: programmable finality in tokenised settlement (314)
  • Susan Dunn: Law firm financing: options and pointers to give you the best chance of securing the financing (318)
  • Jonathan Haines, Julia Lu: Digital assets as collateral in England and the US: priority and super-priority of security interests (322)
  • George Kiladze, Jane Griffiths: Pricing the increased costs: Basel’s latest invoice (327)
  • Claire Harrop, Rachael Annear, Lauren Moorin, Noah Schmidt: Agentic AI in the payments chain: regulatory challenges for financial institutions (331)
  • Lu Yu: Securities fraud litigation: the erosion of “common reliance” in the AI age (334)
  • Tim Akkouh, John Patrick Asimakis: Dealing with “group think”: when the wrong group entity assigns receivables to lenders (339)
  • Anna Iversen: Digital property, digital claims and regulatory clarity: why legal structure must precede classification (343)
  • Laurent Deckers: Transparency under MiFID II: Consolidated Tape Provider, algorithmic trading and the risk of regulatory overexposure (348)

In Practice

  • James Bell, Sarah Lauder: ECCTA 2023: implications for finance transactions (353)
  • Jeremy Sher: Beyond the nuclear option: collective action problems in fund governance (356)
  • Jon Ford, Cat Dankos, Wilkie Hollens: Referral to the Upper Tribunal: worth the risk? (357)

Regulars

  • Case Analysis by One Essex Court (358)
  • Regulation Update by Norton Rose Fulbright (362)
  • Market Movements by CMS (365)
  • ESG Update by Ying-Peng Chin of A&O Shearman (367)
  • Legal Ease by Lexis+® UK (369)
  • International Briefings: Luxembourg, Hong Kong, Finland (371)

Butterworths Journal of International Banking and Financial Law 2026/4

Spotlight

  • Julia Lu, Ru-Woei Foong: Minority creditors beware: the LME may not be a restructuring under European corporate CDS (219)

Features

  • Jonathan Haines: Can an English limited partnership create a floating charge? (223)
  • Paul MacMahon: The effect of restrictions on assignment on attempts to grant charges (227)
  • Helen Pugh: “Not your key, not your coin”: the private key and ownership (230)
  • Jason Ewart, Thomas McGowan: Control as economics: the new preferred equity playbook (232)
  • Alexandra Kosta-Foti: Primary and secondary rights in the Quincecare litigation arena: another dimension of the debt versus damages debate (235)
  • Lee Federman, Danté Adams: The lender’s reset right: change of control in modern exits (239)
  • Nigel Jones, Thomas Bell: Succumbing to wrongful payment demands: what can borrowers do? (242)
  • Nicholas U Jin, William Cooke: Tracing through the Ether: legal and technical barriers to cryptoasset recovery (245)
  • Kate Stephenson, Mallika Abidi: When shareholders sue: a comparative view of the ranking of shareholder claims in insolvency (250)
  • Lisa Lee Lewis, Sam Krips: Overseas firms carrying out cryptoasset business in the UK: what you need to know (254)
  • Teen Jui Chow, Alex Forzani: Providence and party intention: the Supreme Court on industry-wide standard forms (258)
  • Dominic Gregory: Sustainable finance: transparency and its misapprehension (262)
  • Georgios Pantelias: The EU’s emerging accountability regime: borrowing the SMCR without its foundations (265)

In Practice

  • Ana Biloglav, Paola Bahari: NAV facilities in 2026: structuring, governance and market practice considerations for sponsors (269)
  • Robert Brittain: Redressing the balance in competition class actions (272)
  • Aditi Sanyal, Jennifer Hanna: A new era in the UAE: the significance of removing gambling provisions under the 2025 Civil Code (273)
  • Cristiano Borgogna: Stablecoins: what could hinder their rise? (274)

Regulars

  • Book Review by Ross Cranston (276)
  • Case Analysis by 3 Verulam Buildings (277)
  • Regulation Update by Norton Rose Fulbright (281)
  • Market Movements by CMS (285)
  • Deals (287)
  • Legal Ease by Lexis+® UK (288)
  • International Briefing from Canada (290)

Butterworths Journal of International Banking and Financial Law 2022/4

Spotlight

  • Michael Huertas: Geopolitical uncertainty: managing market shutdown risks (223)

Features

  • Sa’ad Hossain: Is your MAE/MAC clause ready for the next pandemic? (230)
  • Chee Ho Tham: Burdening assignees with arbitration agreements via “conditional benefits” (234)
  • Kathrine Meloni: The National Security and Investment Act 2021 revisited: when are secured creditors obliged to make mandatory notifications? (239)
  • Helen Pugh: Delegation not abdication: directors’ duties under scrutiny in syndicated loans (243)
  • Kelly Sporn: Sustainability/ESG ratings: does the market measure up? (245)
  • Hugh Sims, Jay Jagasia: Blu-sky thinking: the Interfoto principle and terms incorporated by reference (247)
  • Faizal Khan, Thea Gausel, Toby Mann, Deborah Neale: Transfer restrictions in leveraged lending transactions: time for a re-assessment? (251)
  • Scott Ralston: Foreign financial crises and the consumer (255)
  • Anna Lintner, Philippe Kuhn: Quincecare and the liability of receiving banks: the Canadian story (259)
  • Julia Lu, Timothy Cant, David Capps: A comparison of re-proposed SEC Rule 9j-1 and the UK/EU Market Abuse Regulation (262)
  • Chloe Bell, Christopher Whitehouse: Stablecoins as security? Never say tether (266)
  • Georgia M Quenbí: The impact of the Corporate Insolvency and Governance Act 2020 and the Finance Act 2020 on drafting Loan Documentation and Practice: update (269)
  • Rachel Sleeman, Zachary Kell: Could’ve, would’ve, should’ve: commercial fraud and the reasonably diligent claimant (272)

In Practice

  • Ying-Peng Chin: ESG: authorities’ potential enforcement action against companies (275)
  • Lu’ayy Minwer la-Rimawi: The UK’s second batch of Sukuk and the question of Shariah compliance: exclusion clauses v due diligence (276)
  • Ajay Malhotra, Tom Wyer: Cryptocurrency, proprietary injunctions, freezing orders, and trusts: the law is not cryptic (278)

Regulars

  • Case Analysis by 3 Verulam Buildings (280)
  • Regulation Update by Norton Rose Fulbright (284)
  • Market Movements by CMS (287)
  • Deals (289)
  • Legal Ease with LexisPSL (290)
  • International Briefing from Finland (291)