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What's New?

Developing Market Insight

African Loan Sinks Amid Political Turmoil (February 2018)
Dealogic Insight

Loan Market Data & Analytics (February 2018)
Thomson Reuters LPC Report

IMF Programmes in Africa- What Are The Implications For Creditworthiness? (February 2018)
Fitch Ratings Report


Spotlight on SARON as the future CHF alternative to LIBOR

This video interview, filmed in February 2018, is the ninth in a series of LMA Spotlights on key regulatory and topical issues.

LMA publishes additions and updates to Developing Markets documentation suite

The LMA is pleased to announce the publication of a single currency unsecured revolving facility agreement (incorporating a letter of credit facility) for use in developing market jurisdictions.

The LMA has also published of revised forms of its Developing Markets facility documentation and users guide. The key amendments incorporate provisions relating to optional fixed interest rate language and basic sanctions definitions.

The future of LIBOR

This briefing by Linklaters examines the FCA’s July 2017 announcement on plans to transition away from LIBOR, expectations of the consequent action to be taken by market participants, potential replacement rates for LIBOR and the issues raised in using the suggested alternatives. Click the arrow to view.


Developing Markets Quarterly Bulletin - February 2018

A webinar of a recording of the Early Evening Seminar held on 9 January 2018 on the future of LIBOR and the impact on the syndicated loan market; documentation alerts including the additions and updates to the Developing Markets documentation suite; a number of briefings on developing markets; loan insights; the latest legal and regulatory news; and upcoming LMA events in developing markets

South Africa: Taking security over a South African bank account as a workable option for a foreign lender

This briefing from Bowmans provides commentary on the concerns that arise when a foreign entity lending into the jurisdiction attempts to take valid security under South African law. This briefing considers the legal requirements for the valid creation of such security, as well as the practical implications and complexities that such a course of action involves.

Update to OECD Arrangement on Officially Supported Export Credits

The Organisation for Economic Co-operation and Development (OECD) has released an updated version of its Arrangment on Officially Supported Export Credits.

South African International Arbitration Act 2017 enters into force

The South African International Arbitration Act 2017 has entered into force. The Act will govern all international arbitration proceedings, including enforcement of foreign arbitral awards, in South Africa.The Organisation for Economic Co-operation and Development (OECD) has released an updated version of its Arrangment on Officially Supported Export Credits.