The operational and settlement aspects in the syndication process are far-reaching and have a significant impact on the efficiency of the transaction process. The LMA... Find out more
The LMA is pleased to announce the publication of a recommended Administrative Details Form (ADF) template as part of its ongoing commitment to support operational efficiency initiatives across the market. The ADF template is the result of considerable collaborative work by the LMA Loans Operations Committee and other operations practitioners and seeks to provide a standard format for communicating key administrative detail. It is hoped that broad based adoption of the ADF will lead to efficiencies in both time and effort in compiling this detail.
On 21 June 2016, the LMA held its second conference dedicated entirely to loan operations, which was attended by over 200 delegates. This event provided an ideal forum for market participants to discuss the challenges facing loan operations teams, in hope that it can pave the way to bring about increased efficiencies in the loan process as a whole.
We are pleased to launch an e-learning platform to complement our existing range of training. It is particularly targeted at market participants who may be unable to access our training days, but is equally suited to all professionals in the market. This course, which is free of charge, provides an overview of the syndicated loan market and an introduction to loan documentation and key operational processes.
Save the date for the Loan Operations Conference 2017
The Loan Operations Conference will be taking place in London, at Allen & Overy, on 12 June 2017.
In close co-operation with the LMA Loan Operations Committee, the LMA has begun collating settlement statistics from major European trading banks. Submitting institutions have agreed that median and mean figures for par and distressed settlement times be published on the members' website on a consolidated and anonymous basis. Given the skew from outlying data points we believe the median figure to be more relevant for the purposes of benchmarking and analysis.