Available now on demand is the recording of the LIBOR webinar streamed live on 17 September. Presented by Kam Hessling and Keith Taylor of the LMA, it provides an update on transition since the previous webinar in June 2021. In particular, it covers the following key topics: Recent developments and latest timelines; Update on 'loan market' transition; and What loan market participants need to be doing.
LMA.Automate is a secure, cloud-based documentation automation platform powered by Avvoka software and fully hosted by Allen & Overy on a private Microsoft Azure cloud environment. It is available to existing LMA members initially for a free trial period and thereafter for a competitive annual subscription, based on number of individual users.The platform aims to offer an end-to-end solution with a focus on the automation of LMA template documents, but with the functionality to cater for the entire document lifecycle.
We are planning on holding our LMA Syndicated Loans Course for Lawyers in its in-person format from 16 to 17 November 2021 at One Whitehall Place in London.
This two-day programme, designed specifically for those working in the legal profession, provides detailed tuition on all aspects of the primary and secondary loan markets in the context of the broader debt capital markets but also taking into account current market conditions. The course fee is £950 (plus VAT), which includes course materials, refreshments and lunch.
This Guide was developed in collaboration with our Institutional Investor Committee. It addresses key issues which have the potential to impact liquidity in the loan market. The Guide focuses primarily on those issues prevalent in the leveraged loan market including, among other things, potential frustrations and delays in relation to Know Your Customer obligations, utilisation and interest periods, minimum holds, minimum transfer amounts, white lists and consent language, as well as around confidentiality and amendments to LMA templates.
On 12 August 2021, we made a number of changes to our data protection privacy notice on account of, amongst other things, changes to the features available at our virtual conferences.
LMA publishes term SOFR exposure draft and commentary for use in developing markets jurisdictions.
LMA responds to FCA consultation on the proposed decisions on the use of LIBOR (Articles 23C and 21A BMR).
LMA responds to EBA's Consultation Paper on revised draft of Regulatory Technical Standards.
LMA publishes a new recommended form of borrowing base facility agreement.
LMA response to the targeted consultation on the functioning of the EU securitisation framework.
LMA responds to UK HM Treasury Consultation on the review of securitisation regulation.
LMA publishes practical guidance for the documentary amendment process when transitioning legacy LIBOR facilities
LMA publishes a real estate finance facility agreement for investment property transactions to facilitate the syndicated loan market in transitioning away from the use of LIBOR to compounded risk-free rates ("RFRs").
LMA second letter on the Proposed Directive of the European Parliament and of the Council on credit servicers and credit purchasers.
During this current crises, a key area where we are changing the way we deliver our services is, naturally, our events and training programme.
Since the start of the pandemic, we have produced a substantial number of webinars, podcasts and virtual events/panel discussions. All this content can be viewed on demand on "LMA Player", our video and audio recording hub. You can also access content from our virtual conferences held earlier this year (Developing Markets Conference and FinTech Conference) as well as still visit the virtual platform for our recent annual virtual conference.
We and the ELFA joined forces with the investor community, and specialist review providers, to identify a list of provisions that are of material importance to investors' investment decisions, which are now set out in this Best Practice Guide.
The GLP have been developed by an experienced working party with a view to promoting the development and integrity of the green loan product.
E-learning course comprised of 10 modules providing an overview of the syndicated loan market.
As part of the co-operation between the LMA, LSTA, APLMA and also ICMA, each of their forms of bail-in clause refer to a common EU Bail-In Legislation Schedule, which has been prepared by the LMA, in order to describe the relevant national implementation legislation and write-down and conversion powers.
Loan Market Insight