Happy lunar new year to our clients and readers and welcome to our first banking and finance newsletter of 2022!
We hope you had a restful Christmas period and successfully managed to dodge the dreaded C-word, and have made it through the bleakest month of the year relatively unscathed. January is the start of a brave new world for finance lawyers, saying goodbye to LIBOR from 1 January 2022 and hello to SONIA. In this issue, we discuss LIBOR transition and other topical issues that finance professionals will want to know about. Read on for our insights on the long-awaited Overseas Entities Bill, the meaning of “all reasonable endeavours” and financing to bridge the gender gap, amongst other things. An eclectic mix of topics to consider!
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Jonathan Porteous
Andrew Dodds
Matthew Padian