Jonathan Haines: Rethinking rights of use as an English law concept after Brexit (75)
Features
Stuart Brinkworth: Liquidity covenants to the fore (80)
Nik Yeo: Byers v Saudi National Bank: bona fide purchase, knowing receipt and crypto litigation (83)
Paul Cluley: The Bankruptcy Event of Default under ISDA: Part 1 (86)
Katie Hoyle, Toby Mann: LMA €STR fallbacks to EURIBOR: use in corporate lending transactions (91)
Luke Broadway: Undisclosed agency: characterisation and conflict of laws (93)
Simon Mills, Louis Granjouan:Boilerplate terms restricting freedoms in composite transactions: some traps for the unwary (97)
Sonya Branch, Jeff Ward: The Nine Cloud Dream: an introduction to the UK’s new oversight regime for critical third parties (100)
Sarah Garvey: Hague 2019: extending the lifespan of asymmetric jurisdiction clauses? (104)
James Morgan, Zachary Kell: “Trust, not distrust”: can Quincecare apply to cryptocurrency transactions on exchanges? (108)
Mark McGuire: Risk retention in securitisations: if not the original lender, who else? (111)
Diego Ballon Ossio, Meera Ragha: Unlocking the predictive power of AI in the investment management industry (114)
Wojtek Buczynski: Change is the only constant: how to avoid static regulation in the age of AI and other emerging technologies (117)
Julian Roberts: Regulating financial innovation: starting from scratch (120)
Phoebus L. Athanassiou: Central Bank Digital Currencies, anonymity and privacy: squaring the circle (124)
In Practice
Dominic Stuttaford: International financing structures: increased focus on withholding tax (127)
Leontia McArdle, Rachel Tookey, Stewart Plant: De-banking: what next for payment service providers? (128)
Hywel Jenkins, Clive Cunningham, Cat Dankos: More than meets the eye: a new UK regime for critical third parties: what does it mean for regulated firms? (129)
Regulars
Jo Braithwaite: Book Review (131)
Case Analysis by One Essex Court (Frischmann/ LLC Eurochem) (132)
Richard Salter: Are leveraged LDI strategies lawful? (71)
Features
Peter Watts: Sequana in the Supreme Court: cautious confirmation of the creditor-extension to the director’s duty of loyalty (74)
Kenneth MacLean: Appropiation of financial collateral under English law security financial collateral arrangements (79)
Roger Jones: TARGET 2 – TARGET 2 Securities Consolidation: major change to payment standards (82)
Toby Mann, Katie Hoyle: Loan documentation and risk-free reference rates: current overview (85)
Ignacio Tirado, Hamza Hameed: Spacecraft financing: an international secured transactions regime for space assets (87)
Marco Mazzola, Adrian Mellor, Christophe Jacquemin, Stefan Kuhm, Andreas Hommel, Bénédicte Kurth: Preserving security interests and guarantees in key EU juridictions when the underlying obligation is varied (92)
James Smallwood: Collateral quality or increased recoveries: CLO portfolio management in a time of credit deterioration (96)
Steven Barrett: Are sole director companies all acting unlawfully? (100)
Lodewijk Van Setten: Cryptographic tokens: three categories of personal property? (102)
Owen Lysak, Ramya Juwadi: AIFMD2 proposals on loan origination (105)
Daniel Schwarz: Central Bank Digital Currencies and competition laws: recognising the importance of competition laws in the CBDC ecosystem (107)
William Hibbert: The new FCA Consumer Duty: the interrelationship with the Senior Managers and Certification Regime (113)
Zi Yang: Is it wise for UK CCPs to clear crypto derivatives? (115)
In Practice
Stacey Pang, Janis Bille: Scope 1, 2 and 3 emissions as KPIs in sustainability-linked loans (119)
Chris Harvey, Sam Gokarn-Millington: First Bankers Trust order against overseas cryptocurrency exchanges using new „gateway” (121)
Lu’ayy Al-Rimawi: UK Islamic mortgages and Shariah-compliance: the imperative of eschewing legal wizardry (122)
Regulars
Case Analysis by One Essex Court and Merton College (124)
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)