Following many months of consultation, on January 25, 2021, Supplement number 70 to the 2006 ISDA Definitions (the Supplement)1 will take effect

In a significant test case brought by the U.K.’s Financial Conduct Authority, the Supreme Court confirms business interruption insurance coverage for

ICE Benchmark Administration Proposes to Cease the Publication of Certain USD LIBOR Settings and US Regulators Encourage Banks to Stop Using LIBOR

The U.K.-EU Brexit deal provides no new transition period for financial services, nor any new arrangements to replace the existing “passport.” This

The European Banking Authority has published a final report and final draft Regulatory Technical Standards and Implementing Technical Standards on

The English Court of Appeal has handed down an important judgment on the correct construction of Article 31(2) of the Brussels Recast Regulation

In its much-anticipated judgment in Halliburton Company v Chubb Bermuda Insurance Ltd 2020 UKSC 48, the U.K. Supreme Court has ruled on the

In our May 2020 Competition Litigation Update, we covered the hearing of the landmark Supreme Court case of MasterCard Incorporated v Walter Hugh

The European Securities and Markets Authority has announced that Euroclear UK & Ireland Limited, a central securities depository established in the U

The European Supervisory Authorities have issued a press release warning of the change in the status of "simple, transparent and standardized"

Across Europe, governments are seeking to impose increased controls on foreign investment in assets that are important to the security of a country

On October 27, 2020 the U.K. Takeover Panel (the “Panel”) published a consultation (the “Consultation”) on a series of significant changes to the

An EU equivalence decision has been published in the Official Journal of the European Union granting temporary equivalence for U.K. Central

The European Securities and Markets Authority has confirmed its position, originally proposed in March 2019, that the derivatives trading obligation

The European Supervisory Authorities have published final draft amending Regulatory Technical Standards on the application of EU bilateral margining

The outbreak of the novel coronavirus pandemic (COVID-19) has had and will continue to have wide-ranging implications for businesses, governments and

On November 6, 2020 the U.K. Supreme Court handed down a judgment relating to the Servier U.K. Competition damages litigation, in which it made key

On 11 November 2020, the U.K. Government announced long-awaited and extensive reforms to the U.K. Foreign investment regime. The reforms proposed are

While this guide discusses several specific tasks for corporates to take on as the transition deadline approaches, a transition must be premised on a

In the previous two notes in this series we assessed first whether COVID-19 constitutes a force majeure event (FM) and secondly the impact of