LMA Membership and Application Queries
What are the criteria for membership?
There are two types of membership: Full and Associate.
Full members must be financial institutions and are likely to be loan arrangers, traders and other active participants in the loan market.
Associate members are likely to be rating agencies, law firms, accountancy firms, smaller financial institutions and other professionals with an interest in the market.
Membership is not open to individuals. For details regarding subscription costs, please refer to the Membership page which gives details of categories and fees.
My firm is interested in becoming a member of the LMA, however it's now the middle of the year. Are subscription fees pro rata?
Fees are pro rata for members in their first year. The fee will be pro-rated from the date of invoice and the membership will become active once payment has been received.
How do we apply for membership, and what happens after we have submitted our application?
The first step is to complete the membership application form. We will then review the application and either contact you should there by any queries or send an invoice to you. Payment is by bank transfer.
Once your payment has been received the membership account will be activated, and your Nominated Representative will be sent an email with the onboarding instructions and the offer of an onboarding call with the LMA team.
How do you control access to LMA resources?
Access is only permitted for registered users with an email domain that has been approved for the member's account.
What are the governing documents for LMA membership?
LMA Membership is governed by the following documents:
The Articles of Association
Byelaws Relating to Membership
Memorandum of Association
What is the LMA's connection with Clifford Chance?
Clifford Chance is a member of the LMA and acts as our legal counsel. Our office is located in the Clifford Chance building, but we are an independent UK registered company.
