F1PART 63AFINANCIAL LIST

Annotations:
Amendments (Textual)

Scope of this Part and interpretation63A.1

1

This Part applies to claims in the Financial List.

2

In this Part and Practice Direction 63AA, “Financial List claim” means any claim which—

a

principally relates to loans, project finance, banking transactions, derivatives and complex financial products, financial benchmark, capital or currency controls, bank guarantees, bonds, debt securities, private equity deals, hedge fund disputes, sovereign debt, or clearing and settlement, and is for more than £50 million or equivalent;

b

requires particular expertise in the financial markets; or

c

raises issues of general importance to the financial markets.

3

“Financial markets” for these purposes include the fixed income markets (covering repos, bonds, credit derivatives, debt securities and commercial paper generally), the equity markets, the derivatives markets, the loan markets, the foreign currency markets, and the commodities markets.