Laura Purves

Senior Associate

Laura is a senior associate in our Banking and Finance team.

Laura has a focus on asset and invoice finance work and regularly acts for lenders, financial institutions and asset finance and leasing companies on a variety of transactions throughout the UK including marine finance, asset & invoice finance and consumer finance. She understands the complexity of asset finance transactions and provides thorough and practical advice.  

Areas of Expertise

Banking & Finance

Laura Purves
Banking & Financial Services

Moveable Transactions (Scotland) Act - The Registers

This is one of a series of articles we are producing to guide finance companies through the wholesale change proposed in Scots law in relation to security over goods and intellectual property, on the one hand, and invoice finance or the purchase of receivables, on the other. For a general introduction to what the Bill covers, see this article. The Moveable Transactions (Scotland) Bill was passed by the Scottish Parliament on 4 May 2023 and is expected to be implemented in the summer of 2024, so, while statutory instruments will be required before it can become effective law, it is now timely to start preparing for the new regime. This article is concerned with some of the key provisions of the Bill itself and, in particular, how the registers to be set up will be used by finance companies on a day-to-day basis.

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