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Index — Click the ᐅ to expand:
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A word about credit risk mitigation
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The art of making something - in legal circles, often a security interest like a fixed charge, perfect: tickety-boo, compliant with all formalities and enforceable in a court of your choosing.
Sadly, the financial Collateral Directive has taken much of the fun out of this, by rendering it basically unnecessary: if i charge counts as a “financial collateral arrangement”, the formal registration and perfection requirements which would otherwise apply (eg notification; registering the security interest with the registrar of companies, the hilarious pantomime of the Slavenburg filing) do not apply.