LMA incorporates FATCA riders into its suite of documents

LMA incorporates FATCA riders into its suite of documents

On 9 June 2014, the LMA replaced its '2013 FATCA riders' (released in May 2013) with a '2014 Summary Note on FATCA'. The '2014 Summary Note on FATCA' assumes that the FATCA language in Annex I and Annex II to that note had already been incorporated into the suite of English law governed LMA investment grade facility agreements (and clause references in that note specifically relate to the LMA Multicurrency Term and Revolving Facilities Agreement). Note, however, that the changes to the investment grade documents incorporating the FATCA wording were not made publicly available at the time the LMA published the '2014 Summary Note on FATCA'.

Following the publication of the '2014 Summary Note on FATCA', the L

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About the author:

Meet Suzanna:

1. Banking and finance lawyer with experience in real estate finance, trade finance and aviation finance

2. Likes skiing, comedy shows and listening to live music

3. Thinks the law is not for the fainthearted

Suzanna has wide-ranging experience in banking and finance transactions with particular emphasis on advising lenders in the context of real estate finance and trade finance, and advising on ECA supported aviation finance transactions. Suzanna qualified as a solicitor in 2001 with Theodore Goddard (now Addleshaw Goddard LLP) and has since gained experience with Barclays Bank PLC, ECGD and Crédit Agricole CIB before joining LexisNexis.