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UK and EU Banking and Finance Update: PRA Basel 3.1 near‑final rules, Procurement Act delay, crypto property bill, guarantor protections, UKSC ruling, sanctions enforcement, TNFD, AI consultations, securitisation.

Published on: 19 September 2024

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

  • Lending
  • Security
  • Project finance
  • Sustainable finance
  • Debt capital markets
  • Technology in banking & finance transactions
  • Structured products and securitisation
  • Regulation for banking lawyers
  • Sanctions
  • Daily and weekly news alerts
  • New and updated content
  • Useful information

Lending

Cabinet Office publishes NSIA 2021 annual report for 2023–2024

The Cabinet Office has released the ‘National Security and Investment Act 2021: Annual Report 2023–24’, setting out how the National Security and Investment regime has functioned. As required by statute, it has been presented to Parliament under section 61 of the National Security and Investment Act 2021 (NSIA 2021). Covering 1 April 2023 to 31 March 2024, it includes all disclosures mandated by NSIA 2021, alongside extra detail to support clarity and openness. See: LNB News 11/09/2024 38. Source: National Security and Investment Act 2021: Annual Report 2023–24.

Security

LSB strengthens protections for guarantors

The Lending Standards Board (LSB) has enhanced requirements on personal guarantees within the Standards of Lending Practice for business customers...

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