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Loan Operations

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

What's New?

Trade Recap Template

After considerable collaboration with the Secondary Sub-Committee, the LMA has produced a trade recap template. Its purpose is to prompt lenders with the required details necessary to complete a trade confirmation.


Escalation Matrix

To help drive down settlement times and increase efficiency, an "Escalation Matrix" has been created, which seeks to provide institutions with a direct line to a senior member in their trading counterpart, who may be able to progress, or explain, any delay to a transaction where communication between the two parties has broken down or become frustrated.

We invite all LMA members to participate in this initiative, by completing the template and sending to Nigel Houghton or Gemma Lawrence-Pardew. Please contact us if you have any questions.

Desktop Series Update

The LMA, with collaboration from the Loan Servicing sub-committee, has added three more publications to its desktop series. The desktop series act as operational guides for teams to refer to when carrying out their day-to-day activities.

DS5 – Fees

DS6 – Prepayments

DS7 – Breaks

Global Administrative Details Form Released

The LMA and LSTA have together launched a standard Administrative Details Form ("ADF") to be used in transactions globally. Both Associations are delighted to announce this publication as part of their ongoing commitment to support operational efficiency initiatives across the global market.‎

The ADF template is the result of considerable collaborative work by both the LMA and LSTA's Operations Committees. Whilst not all fields will be relevant to every transaction, it is hoped this template will constitute a market standard for communicating key administrative details. It is hoped that broad based adoption of the ADF will lead to efficiencies in both time and effort in compiling this detail.

Production of a recommended Agency Details Form

The LMA Agency Committee has produced an Agency Details Form, which is to be used alongside the Global Administrative Details Form. The form compiles key agent and settlement details which should be used as a template in transactions. By adopting the global and agency ADF in conjunction, it is hoped that administrative burdens will be streamlined.