Companies are aware that the NatWest Group has standard requirements for the content of transactional legal opinions for credit matters, including “capacity required” and “enforceable” notices. These are set out in the Guidelines for the Review of Legal Opinions on Lending Operations (.DOC 63KB) (the “Legal Advice Matrix”). 21. Factors that could cause or contribute to deviations from current expectations include, but are not limited to, the final number and amounts of PPI claims, the amount and extent of future impairments and depreciation, including those related to goodwill, legal, policy, tax and regulatory developments, accounting standards, competitive conditions, technological developments, interest rate and exchange rate fluctuations. the general economic and political environment and uncertainty surrounding the Covid-19 pandemic and its impact on the NatWest Group. The forward-looking statements contained in this document speak only as of the date of this document and NatWest Group plc assumes no obligation or responsibility to update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law. Please note that the lending bank does not verify the submitted documents. The lending bank will rely on you to provide legally binding documents in accordance with our instructions. Please ensure that critical issues that would prevent you from meeting the lending bank`s requirements (e.g. if you are unable to provide appropriate (unqualified) legal advice regarding the PRA net statement), specifically address the lending bank prior to completing the transaction. In these exceptional cases, you should ask the client`s law firm to inform the personal third-party security guarantor of the benefits of independent legal advice before making the corresponding commitment. 4.
This website is designed to be accessible via its main homepages and other pages we choose. If you access the Website directly through individual pages that are not designed for this purpose, you may not see important information relevant to the information on this Website. You will be redirected to certain pages of the Site to read “Legal Information”. This important information contains important details and/or relevant legal or regulatory information and should be read in conjunction with the relevant pages of the website. This website is owned and operated by NatWest Group plc (“we”, “us” or “NatWest Group”). The use of this website is subject to the following conditions, which you should read carefully. By using this website, you agree to be legally bound by these terms and conditions. If you do not agree to these terms, please do not use this website. Upon request, independent legal advice may be waived in the following circumstances: All parties are strongly advised to seek legal advice if they: If the terms of the instruction include a group overdraft facility, either by overdraft or by an overdraft option that involves the net reporting of account balances to the Prudential Regulation Authority (“PRA”) of the United Kingdom, you should, if possible, use the Use standard group installations and warranty/common and multiple documents approved for the purposes of the PRA declaration.
These can be found under Installation Agreements – Templates and Security Documents – Templates. When a firm acts on behalf of the NatWest Group in connection with a credit transaction, the firm is encouraged to review and negotiate all legal opinions on transactional loans to ensure that each meets the requirements set out in the legal advice matrix and, where applicable, to reflect any additional comments agreed upon between the NatWest Group and the firm on the firm`s own legal opinions. This procedure does not apply to other types of legal advice (e.g. specific tax opinions; fully reasoned opinions; opinions on securitisations; opinions required for regulatory reasons, e.g. CRR 194.1). You must ensure that all warranties and obligations of the Customer and any other party (other than the lending bank) under the lending bank`s collateral facility and documentation are valid and enforceable in all relevant jurisdictions and must constitute a first ranking title, unless otherwise agreed by the lending bank. The lending bank will wish to rely on these guarantees for the purpose of mitigating credit risk under the Capital Requirements Regulation (CRR) and incorporated companies should ensure that all applicable requirements are met (or inform the lending bank as soon as possible if these requirements are not met). 5. This disclaimer should be read carefully as it excludes or limits our legal liability in relation to your use of this website. Nothing in these Terms and Conditions, and in particular in the disclaimers, is intended to exclude any liability which cannot be excluded under applicable law, including, but not limited to, death or personal injury or fraudulent misrepresentation. In cases where personal concessionaires are involved in third-party security rights (except in exceptional cases), it is important that the grantor obtain independent legal advice before signing the security right.
In cases where the lending bank confirms that it is willing to accept this approach: any person who acquires securities of the NatWest Group at any time may do so only on the basis of his own judgment as to the suitability of the securities for his purposes and solely on the basis of information contained in public information, after obtaining any professional or other advice it deems necessary or appropriate. the circumstances and not rely on the information contained herein.