Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Derivatives definition

What does Derivatives mean? Derivatives are contracts used to transfer or manage risk, whose value is determined by an underlying asset, interest rate, currency, index, commodity, security or credit event. Common types include futures, options, swaps (interest rate and currency), forwards and credit derivatives (such as credit default swaps), traded on exchanges or over the counter. Legally, derivatives create payment or delivery obligations calculated by reference to the underlying. They are typically documented under an ISDA Master Agreement with a Credit Support Annex for collateral, and depend on close-out netting upon default. Key issues include counterparty capacity and authority, governing law and jurisdiction,...

2019 UK and EU banking and finance—key dates, cross-practice developments and horizon scanning tracker (archived)

Published by a LexisNexis Banking & Finance expert

Practice notes

Banking & Finance—key dates and future developments tracker: 2019 [Archived]

This Banking & Finance tracker of key dates and forthcoming developments is designed to help track imminent developments, dates and horizon scanning for banking and finance lawyers. It also captures forthcoming changes from other practice areas where these are judged relevant to banking and finance lawyers. Note that other practice areas may publish their own trackers.

This tracker does not attempt to include every consultation on financial services regulation (covering, for example, Derivatives and capital markets regulation). Rather, it selects those items the Banking & Finance team view as most pertinent for banking and finance practitioners and for facility documentation. For fuller coverage of European Union (EU) and US financial services regulatory developments, refer to Practice Note: Trackers and Timelines—financial services, which lists all timelines issued by the Financial Services team. Those timelines monitor, in depth, developments relating to principal EU Directives and Regulations, including the Fourth Money laundering Directive (MLD4), the Bank Recovery and Resolution Directive (BRRD), the European Market Infrastructure Regulation (EMIR) and the Market in Financial instruments Directive II (MiFID II). This tracker does not cover cases...

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Web page updated on 21/05/2026

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