Partner Ben Sandstad was invited to deliver a presentation and participate in an industry panel session for the Banker’s Association for Finance and Trade (BAFT) on the new BAFT 2018 English Law Master Risk Participation Agreement on 3 December 2018. The presentation covered the 2018 revisions to the BAFT Agreement, comparisons to the existing BAFT Agreement and the New York law BAFT Agreement, including as to the accounting derecognition and legal true sale implications, and the credit risk mitigation impact under Basel rules. The event was co-hosted in Singapore by BAFT, CCRManager and Enterprise Singapore, with representatives from over 45 organisations present.