Specialty Group: Financial Institutions and Markets

What are the enhanced safeguards for personal guarantees? On 12 September 2024, the Lending Standards Board (LSB) unveiled updated provisions within its Standards of Lending Practice for Business Customers. These changes ...

The Australian Securities and Investment Commission (ASIC) has extended, for a further 12 months, the transitional relief for foreign financial services providers (FFSPs) from the requirement to hold an Australian fina ...

Funders need to take note of a decision regarding the impact of sanctions regulations on assets that may be based overseas, and in sanctioned countries particularly. The decision from the Court of Appeal earlier this su ...

The Parliament of the Republic of Serbia has recently adopted amendments to the Act on Payment Services (PSA), which will take effect on May 6, 2025. These amendments align the law with the EU’s PSD2 directive. The pr ...