Part E Guarantees and Security, 27 Security—Characterization, Formalities, and Registration

Subject(s):

Regulation of banks — Security interest — Security issuer

This chapter discusses some general issues concerning the various forms of security available to banks. It covers the contractual nature of security; when a particular arrangement can be characterized as a security interest; the scope and extent of the security; Part 25 of the Companies Act 2006; and rules for foreign assets and foreign companies.