Loan Market Association (LMA)—latest news on documentation


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Banking & Finance expert
Practice notes

Loan Market Association (LMA)—latest news on documentation


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Banking & Finance expert

Practice notes
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This Practice Note contains a summary of the latest news from the loan Market Association (lma) on LMA documentation and related topics. It is updated and reviewed monthly and covers news since January 2016. For LMA news prior to that date going back to early 2013, see Practice Note: Loan Market Association (LMA)—news on documentation [Archived].

All of the LMA updates referred to in this Practice Note were originally published on the LMA website (subscription required for full access).

This Practice Note does not include news about French law, German law or Spanish law documentation or the African loan documentation covering South Africa, East Africa and Nigeria.

LIBOR and benchmark rates (LMA latest news on documentation)

For earlier LMA updates/announcements on LIBOR and benchmark rates (dating from before January 2016 to early 2013), see: LIBOR and benchmark rates (LMA news archive).

Date of update/announcement from the LMALMA newsRelated documents
17/12/2024The LMA has published a collection of documentation to aid industry participants with implementing more robust fallbacks specifically
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Jurisdiction(s):
United Kingdom and Ireland
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Key definition:
Loan definition
What does Loan mean?

An advance of funds from one party (the creditor) to another party (the debtor) for a period of time. The funds can be advanced for an agreed period or be repayable upon demand. Interest is usually paid on the advance which can be secured or unsecured

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