FMLC urges clarification on "possession or control" under Financial Collateral Regulations following Lehman Brothers case | Practical Law

FMLC urges clarification on "possession or control" under Financial Collateral Regulations following Lehman Brothers case | Practical Law

The Financial Markets Law Committee has published a paper urging that the Financial Collateral Arrangements (No.2) Regulations 2003 (SI 2003/3226) be amended to clarify the meaning of "possession or ...control" following the decision in Re Lehman Brothers International (Europe) (In Administration) [2012] EWHC 2997 (Ch).

FMLC urges clarification on "possession or control" under Financial Collateral Regulations following Lehman Brothers case

by PLC Finance
Published on 10 Jan 2013 • England, Wales
The Financial Markets Law Committee has published a paper urging that the Financial Collateral Arrangements (No.2) Regulations 2003 (SI 2003/3226) be amended to clarify the meaning of "possession or ...control" following the decision in Re Lehman Brothers International (Europe) (In Administration) [2012] EWHC 2997 (Ch).