Under the Moveable Transactions (Scotland) Act 2023, major changes to how to create effective fixed security over certain types of moveable assets located in Scotland (including Scots law contracts) will take effect on 1 April 2025.

Get all of the details on the two forms of fixed security over moveable assets (statutory pledge and assignation of claims) and what this means for lenders and security agents taking security over Scottish assets. Download our guide below.

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Client guide: New Scottish security regime: Moveable Transactions (Scotland) Guide 2023

This article is for general information only and reflects the position at the date of publication. It does not constitute legal advice.