Dentons - Bank Notes - Winter 2015

Securitisation – reformed and good for banks

December 3, 2015

The European Commission's action plan for a "Capital Markets Union" has made the revival of securitisation a key objective. This article explains how two recently published draft EU regulations will contribute to that objective.

Cavendish Square – how the new penalties test affects banking transactions

December 3, 2015

The Supreme Court has recently reviewed, and significantly recast, the basis on which a contractual term will be treated as an unenforceable penalty. Adam Pierce considers how the new rules are most likely to affect banking transactions.

UK emissions reduction schemes – an update for property lenders

December 3, 2015

At the end of last year, we wrote about the energy efficiency schemes most relevant to property lenders. In this article, we set out the key developments in this area since then.

Sanctions against Iran: keep calm – there's no change yet

December 3, 2015

On 14 July 2015, Iran and a group of countries comprising the USA, the UK, France, Russia, China and Germany agreed on a Joint Comprehensive Plan of Action on Iran’s nuclear programme. Completion of the JCPoA should lead to the lifting of various sanctions currently in place against Iran and relating to Iranian business. This article explains what will change and when.

Aircraft finance – key features of the UK's Cape Town ratification

December 3, 2015

On 1 November 2015, the 2001 Cape Town Convention and its Aircraft Protocol became part of UK domestic law. This note summarises certain key aspects of that ratification.