Legal News

Tackling settlement delays in the LMA secondary loan market

Published on: 22 September 2016
Published by: LexisPSL
  • Tackling settlement delays in the LMA secondary loan market
  • How big an issue are settlement delays in the LMA’s secondary loan market at present?
  • What are the factors which are currently causing delays to settlement in the secondary loan market?
  • How big a factor is KYC?
  • What is the LMA—and the loan market as a whole—doing to try to reduce loan trading settlement times?
  • How is the Loan Syndications & Trading Association (LSTA) attempting to reduce settlement times, and is this likely to have any impact on, or be implemented in, the LMA’s secondary trading market?

Article summary

Banking & Finance analysis: Delays to settlement in the Loan Market Association’s (LMA) secondary loan market remains a significant issue. Jacqui Allen, partner at Mandel, Katz & Brosnan, considers some of the most frequent causes of delay, and outlines the steps that are being taken to help reduce settlement times. or take a trial to read the full analysis.

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