The majority of LIBOR settings are due to come to an end on 31 December 2021. Draft legislation has now been introduced to deal with the transition of certain contracts (referred to as “tough legacy”
In March, the FCA announced the dates that panel bank submissions for all LIBOR settings will cease. You can read our briefing note on this here. July marks six months until the end of LIBOR.
On Friday 5th March, the FCA announced the dates that panel bank submissions for all LIBOR settings will cease, after which representative LIBOR rates will no longer be available. In a statement, which can be
Druces is pleased to announce that Antony Cotton has been promoted to become our Head of Banking & Financial Services. Since joining as a foreign qualified lawyer in 2006, Antony has built a reputation as
Hatstone, lawyers BVI team has advised the Bank of London and The Middle East plc (BLME) on the BVI law aspects of its successful Sharia’a compliant financing of a valuable commercial property in Swindon. The
Druces has advised the Bank of London and The Middle East plc (BLME) on its successful Sharia’a compliant refinance of a £6 million London property for a high-net-worth private client. This was led by Real