-
Apr 8, 2024 | 
lexology.com | Adam Caines |Natalie Liu
As the financial sector stands at the crossroads of economic growth and sustainability, the Loan Market Association's (LMA) will hope that its March 2024 guide on sustainability-linked loan principles (SLLPs) for fund finance facilities (Guide) emerges as a critical compass for fund finance.
-
Apr 8, 2024 | 
blog.macfarlanes.com | Adam Caines |Natalie Liu
As the financial sector stands at the crossroads of economic growth and sustainability, the Loan Market Association's (LMA) will hope that its March 2024 guide on sustainability-linked loan principles (SLLPs) for fund finance facilities (Guide) emerges as a critical compass for fund finance.
-
Jan 4, 2024 | 
blog.macfarlanes.com | Adam Caines |Judy Chu
Subsequent to the High Court’s decision in Galapagos Bidco S.à r.l. v Dr Frank Kebekus [2023] WHC 13931 (Ch) (for more on which see our commentary), the High Court dismissed yet another claim brought by a junior creditor in the context of a senior creditor enforcement. The case of CPF One Limited & anor v Ortus Secured Finance I Limited [2023] EWHC 2102 (Ch) considers the duties owed by a senior participant and security trustee to a junior participant in a syndicated loan arrangement.
-
Jan 4, 2024 | 
lexology.com | Adam Caines |Judy Chu
Subsequent to the High Court’s decision in Galapagos Bidco S.à r.l. v Dr Frank Kebekus [2023] WHC 13931 (Ch) (for more on which see our commentary), the High Court dismissed yet another claim brought by a junior creditor in the context of a senior creditor enforcement. The case of CPF One Limited & anor v Ortus Secured Finance I Limited [2023] EWHC 2102 (Ch) considers the duties owed by a senior participant and security trustee to a junior participant in a syndicated loan arrangement.
-
Jul 6, 2023 | 
lexology.com | Jamie Macpherson |Rachel Richardson |Andrew Perkins |Adam Caines
The Financial Conduct Authority (FCA) has made clear its concerns regarding the ‘greenwashing’ potential of sustainability-linked loans (SLLs). It is perhaps unsurprising that regulatory interest in SLLs has – in conjunction with the desire for consensus in how to document them (Sustainable drafting for sustainability-linked loans?) – grown with the popularity of the product.
-
Jul 6, 2023 | 
blog.macfarlanes.com | Jamie Macpherson |Rachel Richardson |Andrew Perkins |Adam Caines
The Financial Conduct Authority (FCA) has made clear its concerns regarding the ‘greenwashing’ potential of sustainability-linked loans (SLLs). It is perhaps unsurprising that regulatory interest in SLLs has – in conjunction with the desire for consensus in how to document them (Sustainable drafting for sustainability-linked loans?) – grown with the popularity of the product.
-
May 9, 2023 | 
blog.macfarlanes.com | Rachel Richardson |Adam Caines |Jamie Macpherson
On 4 May 2023 the Loan Market Association (LMA) published model provisions for those borrowing, lending and arranging sustainability-linked loans (SLLs). Whilst the market has been assisted by the Sustainability-Linked Loan Principles (SLLPs) and various – official and unofficial – guidance surrounding them, the LMA has not, until now, offered SLL drafting for inserting into LMA framework loan facility documentation.
-
Feb 23, 2023 | 
ideaspies.com | Adam Caines
Survival of the Fittest: proven business models, profit focussed, who knew? Security & Fraud: if 2022 taught us anything, this is you
should be prioritising CAPEX in 2023. Normalized funding rounds and valuations: 2021 was a mistake,
let’s just forget it happened and move on. Big Tech Vultures: off the back of Fintech’s validating products,
Big Tech swoop in and replace or acquire capability. AI (*cough* ML): plays a prominent role in new products
and experiences.
-
Feb 23, 2023 | 
ideaspies.com | Adam Caines
Does ChatGPT need an AFSL? As a language model, ChatGPT does not need an Australian Financial Services (AFS) licence because it is not capable of providing financial services or advice. It is a tool that generates text based on the input it receives, but it does not have the ability to make decisions or offer recommendations. It is the responsibility of individuals and businesses to obtain financial advice from qualified and licensed professionals.
-
Feb 23, 2023 | 
ideaspies.com | Adam Caines
Fraud and Scams (or at least attempts), plague our lives. Emails, texts, calls, FB Marketplace, everywhere. However, are we looking close enough to home, at our own pets even? Sometimes good ideas should just stay as ideas, as one unlucky YouTuber found when his pet fish exposed his credit card details on his channel and started an online shopping spree. That's a pretty big flaw in the payment authentication workflow, don't you think?
