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UK and EU banking update: ESG and carbon markets, AerCap insurers trial, ICMA/MiFIR transparency, T+1 transition, ISDA updates, STS securitisation amendment, ESAs 2025 work programme (10 October 2024)

Published on: 10 October 2024

Published by a LexisNexis Banking & Finance expert
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In this issue:

  • Sustainable finance and ESG round-up
  • Aviation finance
  • Sustainable finance
  • Debt capital markets
  • Derivatives
  • Securitisation and structured products
  • Regulation for banking lawyers
  • Daily and weekly news alerts
  • New and updated content
  • Useful information

Sustainable finance and ESG round-up

For this week’s highlights in Sustainable finance and ESG, see: Sustainable finance and ESG weekly round–up—10 October 2024.

Aviation finance

AerCap contests insurers over stranded aircraft as trial opens

There is ‘no scope’ for leading insurers to reject billion-dollar claims for aircraft taken by Russian airlines, lawyers for major lessor AerCap told the High Court on 2 October 2024, on the first day of proceedings expected to act as a test case for other claims. For more details, see News Analysis: AerCap battles insurers over stranded jets as trial begins.

Putin aided airlines’ survival, insurers contend in stranded jets trial

The Russian Government did not direct the country’s private airlines to keep hold of aircraft after Western sanctions were introduced, a group of insurers argued at trial on 7 October 2024, but instead enabled the conditions required for its aviation sector to survive...

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