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Banking & Finance

The evolution of the lending and debt markets since the start of the financial crisis has left participants facing regulatory change, greater competition in the supply of debt funding, financial distress and a flight to sector specialist advice. Our banking and finance practice can help you navigate these challenges, with expertise in the full spectrum of banking and finance law. Whether you are a lender, borrower, sponsor, insolvency practitioner or debt advisor, our priority is resolving your challenges and putting your world first.

Today’s banking and finance transactions require expertise across a wide range of sectors. CMS is a top 10 global law firm with a strong sector focus. Our driver is to provide clients with pragmatic advice delivered by a multi disciplinary team. With over 70 offices globally, we provide sector expertise to support clients' finance requirements and are recognised for providing clear commercial advice and getting the deal done for our clients.

Our clients range from domestic and major global corporates, funds and other financial institutions and advisors across the UK, Europe, the Middle East, Brazil, Mexico and Asia.

“CMS is devoted to high-quality work and can provide leverage through their international presence.”

Chambers UK 2022, Banking & Finance

"They are very commercial, cut to the chase and identify key issues - they are absolutely excellent."

Chambers, 2020

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Asset Based Financing
We are committed to building strong and trusted relationships with you at every level, and we recognise the importance of these relationships. We are
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Asset Finance
As a bank, owner, export credit agency, lessee, lessor, operator or portfolio manager, you face many challenges in financing assets. These challenges
Capital Markets & Derivatives
The financial crisis and its aftermath have had a considerable impact on the financial markets. There have been significant changes in the practice an
Corporate Lending & Leveraged Finance
As a lender or borrower, the increasing regulation of debt markets, combined with increasing sources of funding, poses challenges for your business. L
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Energy Finance
As a participant in the energy sector, you will need to ensure that financing arrangements are compatible with unique regulatory, cross-jur­is­dic­tion­al
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Finance Disputes
Our Finance Disputes team at CMS consists of litigation and international arbitration specialists within our 20-Partner market leading Financial Servi
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Financial Institutions Lending
In utilising debt finance, financial institutions face regulatory and administrative constraints that can make it difficult to align the interests of
fintech blockchain
Whether you are a buy-now-pay-later start-up looking to grow your business, an established financial institution acquiring the latest fintech technolo
Hotel Finance
Hotel financing poses unique challenges, potentially combining development, real estate investment, acquisition, portfolio and cashflow-based financin
InfraTech Finance
The combined factors of reduced opportunities for bricks and mortar infrastructure investment and an increased need for modern communications infrastr
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Islamic Finance
Newcomers to Islamic Finance and existing participants alike face a whole host of challenges that they must successfully navigate to structure, docume
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Real Estate Finance
The real estate finance market has undergone significant change in recent years, with increased regulation, the entrance of more categories of lenders
Restructuring & Insolvency
Our dedicated team of restructuring and insolvency lawyers in England and Scotland advises all types of stakeholder involved in, or impacted by,
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Trade, Export & Commodity Finance
At CMS we combine our sector expertise across fields such as energy and utilities, natural resources and agribusiness, with a wealth of experience in
Highlights of our experience in Banking & Finance in the UK
A major E&P company on its negotiations with its main stakeholders and regulators (DECC and OGA) in seeking a solvent restructuring of its debt of circa USD 1.4bn.Ex­cep­tion­al Innovation Technology...
Law-Now: Banking
Go to the Law-Now website
COP28: how the law can unite, act and deliver the UN SDGs
The law, and the work of lawyers, should enable countries, communities and companies to deliver the changes needed to achieve the UN SDGs and the Paris Agreement. As COP28 urges us to unite, act and deliver, Advocates for International Development (A


Group Litigation Orders not always the appropriate method to resolve multiple...
The High Court rejected an application for a Group Litigation Order (GLO) for military noise induced hearing loss (mNIHL) claims from a claimant firm due to the lack of utility of a GLO. The lack of utility...
FCA’s Consultation Paper on Implementing the Overseas Funds Regime (“OFR”)
On 4 December, the FCA launched a consultation to implement the framework to enable non-UK domiciled funds to be marketed to UK retail investors under the OFR (“OFR recognised schemes”). We briefly...
Collective redundancies and possible criminal liability: Supreme Court...
Recent news reports have highlighted that the number of corporate insolvencies has continued to rise during 2022 and 2023, with the retail sector being particularly affected. Many companies are struggling...
Court of Appeal revisits its decision on mandatory ADR - Mr Churchill v...
In a much-anticipated judgment, the Court of Appeal has returned to the question of mandatory non-court-based dispute resolution (or ADR, as most people still call it), which was previously considered...
FCA’s Policy Statement 23/16: Sustainability Disclosure Requirements (SDR)...
Further to the FCA’s CP22/20 the FCA has published, on 28 November, its final rules and guidance to help consumers navigate the market for sustainable investment products (“PS23/16”).There is a...
Financial Services Webinars On Demand
Use the below link to view recordings of CMS financial services we­binars avail­able on demand. Webinars are a convenient way to stay informed and hear from our legal ex­perts.  me­di­um  
FCA’s Policy Statement 23/16: Sustainability Disclosure Requirements (SDR)...
Further to the FCA’s CP22/20 the FCA has published, on 28 November, its final rules and guidance to help consumers navigate the market for sustainable investment products (“PS23/16”).There is a...
Leveraged finance: handling an impending financial covenant breach
A forecast breach of a financial covenant is often an early warning sign that a business is not performing to plan. Unless self-help remedies are open to the borrower, lenders will have an opportunity...
Carbon Border Adjustment Mechanism transition in effect since 1 October...
On 1 October 2023, a two-year transitional period began for implementation of Regulation (EU) 2023/956, which introduces the Carbon Border Adjustment Mechanism (CBAM). CBAM levies punitive CO2 charges...
Autumn Statement 2023 – Key tax announcements
The Chancellor opened his speech with a statement that, “Our plan for the British economy is working, but the work is not done”.  Consistent, perhaps, with the tone of that message, yesterday’s...
CMS Risk Essentials - Dealing with Distressed Companies
In the current challenging economic climate, it is likely that you may face a contractual counterparty that is experiencing financial difficulties, including some which may unfortunately enter into a...
Proposed legislation would radically expand the UK’s class action regime
15 November 2023 saw publication of two proposed amendments to the Digital Markets, Competition and Consumers Bill that would have significant impacts on the UK’s class action regime:First, a proposed...