On 29 May 2026, the LMA and the Private Placement Investors Association (PPIA) submitted a joint response to ESMA's Call for Evidence on restricted subscription and private credit ratings, highlighting the important role of non-public credit ratings where issuers require confidentiality over sensitive strategic, financial or structuring information.

Click Read more to access our full response.

On 18 May 2026, the LMA submitted its response to the FCA and PRA consultations on the review of the UK securitisation framework - a critical piece of work given the role securitisation, particularly CLOs, plays in supporting financing to the real economy and contributing to the UK’s global competitiveness.

Click Read more to access our submission.  

The LMA is pleased to publish our new LMA Regulatory Insights paper examining the impact of Article 21c of CRD VI on cross‑border corporate lending into the EU.

The paper examines the impact of Article 21c on everyday loan markets activity, including:

• co‑borrowing structures;
• sponsored and syndicated transactions;
• secondary market activity (including participations, assignments and novations); and
• lifecycle events and the circumstances in which grandfathering may be lost.

Click Read More to access the paper.