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Loan And Securities Collateral Legal Panel 2024

BANK OF ENGLAND United Kingdom has Released a tender for Loan And Securities Collateral Legal Panel 2024 in Legal. The tender was released on Jan 15, 2024.

Country - United Kingdom

Summary - Loan And Securities Collateral Legal Panel 2024

Deadline - login to view

GT reference number - 77053793

Product classification - Legal services

Organization Details:

  Address - United Kingdom

  Contact details - 565656565

  Tender notice no. - 76454545

  GT Ref Id - 77053793

  Document Type - Tender Notices

Notice Details and Documents:

Description - The Bank of England (the "Bank") lends through its market operations against eligible collateral delivered by firms. This takes the form of either loan or securities collateral. To ensure that the collateral is eligible for the Bank's operations, leg al due diligence is required, particularly when it comes to loan collateral. The Bank is therefore seeking 3 law firms to be part of a framework and to conduct legal reviews relating to collateral on a case-by-case basis. The overall contract value includes the costs of all reviews, which will ultimately be recharged to the firm that is seeking to position the collateral with the Bank. The Bank of England (the "Bank") lends through its market ope

Gt Ref Id - 77053793

Deadline - Feb 14, 2024

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