SQE Plus Banking and Capital Markets

6th Edition

Banking and Capital Markets is a practical guide to a field perennially influenced by both legal and market forces. The text is divided into three parts: Part I provides a clear and accessible explanation of the fundamentals behind drafting loan facility documentation; Part II provides a thorough examination of secured lending, which is probably the most legally complex area of the banking solicitor’s practice; and Part III provides a straightforward introduction to capital markets financing, including the process of issuing a stand-alone bond.

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Overview

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Banking and Capital Markets is a practical guide to a field perennially influenced by both legal and market forces. The text is divided into three parts: Part I provides a clear and accessible explanation of the fundamentals behind drafting loan facility documentation; Part II provides a thorough examination of secured lending, which is probably the most legally complex area of the banking solicitor’s practice; and Part III provides a straightforward introduction to capital markets financing, including the process of issuing a stand-alone bond.

The book has been updated to reflect the new regulatory framework for the public offer of securities, including bonds, and sets out the circumstances and details of when a prospectus is required under the new PRM.

This new 2025 edition has been revised to take account of recent legislative and procedural changes, including the conclusions of important cases in this area.

David Adams is currently Head of Finance and Capital Markets Training at Clifford Chance. He was previously at The University of Law in London where he designed the University’s Banking and Capital Markets elective.

This new 6th edition of The University of Law SQE Plus manuals has been revised to bring the law and procedure up to date as at 1 October 2025.

This book is part of a series of study manuals that have been specially designed to cover content for students studying Key Practice Areas on the LLM Legal Practice (SQE1&2). Published and updated regularly, these user-friendly study manuals are designed to help you successfully acquire knowledge and understanding of the foundational law of England & Wales. This book can be used for the Debt Finance Key Practice Area as part of the Corporate Pathway of the SQE Plus.

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This 2025 edition of textbook is suitable for anyone who starts the SQE Plus part of the LLM Legal Practice (SQE1&2) from January 2026.

Each title is designed to operate as a study manual, rather than solely a textbook. This means that understanding of the subject is developed using worked examples and activities. 

For students only at The University of Law, the study manuals are used alongside other learning resources to prepare students not only for achievement of an academic qualification, but also for a future life in professional legal practice. 

  • Print: 978-1-80502-244-2

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