Committee Structure

• Agency - members are loan agency practitioners.  The committee aims to address issues that may impact on agency departments and to recommend best practice.
• Distressed Debt - the committee is made up of market practioners and lawyers and reviews existing LMA documentation to ensure its ongoing applicability as well as considering recommended best practice.
• Documentation - the committee is made up of market practioners and lawyers actively involved in developing new primary market documents and revising existing ones for changes in law, regulation and market practices.
• Loan Operations - the aim of the committee is to identify the market's key requirements relating to automating aspects of the settlement/loan operation processes.
• Par Trading Practices - members are secondary par loan market participants and the committee focuses on addressing the issues faced by that market, such as documentation and best practice.
• Tax - the committee identifies and tackles problems faced by syndicated loan practitioners throughout the Eurozone and reviews LMA documentation for tax issues.

In addition, the Board and committees establish Working Parties to address specific issues and projects.