the authoritative voice of the EMEA market

Developing
Markets

Developing markets offer great opportunities as global dynamics shift, demand for their resources increases and new technologies evolve. The LMA.... Find out more

What's New?

Developing Market Insight

Emerging and Advanced Economy Default Rates are Similar, but with Different Catalysts (March 2018)
Moody's Report

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

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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.

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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

Baker McKenzie Francophone Africa Newsletter (April 2018)

This briefing from Baker McKenzie provides an overview of legal developments which may affect commercial operations in French-speaking Africa. This month's edition takes a look at the OHADA's reform and harmonisation of arbitration law. This reform reinforces arbitration clauses in public-private partnership contracts concluded between OHADA member states by streamlining the arbitration procedure and restricting the ability of parties to litigate against arbitral awards. This briefing also covers the introduction of a new 'Public Procurement Code' in Gabon as well as alterations to the respective legal frameworks for mining companies operating within the Democratic Republic of Congo and Mali.

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.