Social Loan Principles: Difference between revisions
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imported>Doug Williamson (Create page. Source LMA https://www.lma.eu.com/application/files/1816/1829/9975/Social_Loan_Principles.pdf) |
imported>Doug Williamson (Layout.) |
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:In such cases, the consistency of the objectives and of the Social Project eligibility criteria of these instruments should be ensured." | :In such cases, the consistency of the objectives and of the Social Project eligibility criteria of these instruments should be ensured." | ||
:''Social Loan Principles'' | :''Social Loan Principles.'' | ||
== See also == | == See also == | ||
* [[Asia Pacific Loan Market Association]] | * [[Asia Pacific Loan Market Association]] (APLMA) | ||
* [[ESG investment]] | * [[ESG investment]] | ||
* [[Fixed income]] | * [[Fixed income]] | ||
* [[Green Bond Principles]] | * [[Green Bond Principles]] | ||
* [[International Capital Market Association]] | * [[International Capital Market Association]] (ICMA) | ||
* [[Loan Market Association]] | * [[Loan Market Association]] (LMA) | ||
* [[Loan Syndications & Trading Association]] | * [[Loan Syndications & Trading Association]] (LSTA) | ||
* [[Social Bond Principles]] | * [[Proceeds]] | ||
* [[Social Bond Principles]] (SBP) | |||
* [[Social impact bond]] | * [[Social impact bond]] | ||
* [[Social inclusion bond]] | * [[Social inclusion bond]] | ||
| Line 48: | Line 49: | ||
* [[Social project]] | * [[Social project]] | ||
* [[Sustainability bond]] | * [[Sustainability bond]] | ||
* [[Sustainability Bond Guidelines]] | * [[Sustainability Bond Guidelines]] (SBG) | ||
* [[Sustainability-Linked Loan Principles]] (SLLP) | |||
==Other resources== | |||
[https://www.lma.eu.com/application/files/ | *[https://www.lma.eu.com/application/files/3716/7715/0338/Social_Loan_Principles_23_February_2023.pdf Social Loan Principles - LMA, APLMA & LSTA - February 2023] | ||
*[https://www.lsta.org/content/guidance-on-social-loan-principles-slp/ Guidance on Social Loan Principles - LSTA - February 2023] | |||
*[https://www.lma.eu.com/sustainable-lending/legal-regulatory-news?id=1968 Summary of changes to Green Loan Principles, Social Loan Principles and Guidance on them - LMA - March 2023] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 14:00, 23 April 2023
Sustainability - loan markets.
(SLP).
The Social Loan Principles are a voluntary framework for social loans, issued by the Loan Market Association (LMA), the Asia Pacific Loan Market Association (APLMA) and the Loan Syndications & Trading Association (LSTA).
The Social Loan Principles have four components:
- 1. Use of Proceeds
- 2. Process for Project Evaluation and Selection
- 3. Management of Proceeds
- 4. Reporting
Eligible social projects may include clean drinking water, sewers, sanitation and reduction of income inequality.
The SLP build on, and explicitly refer to, the Social Bond Principles (SBP) issued by the International Capital Market Association.
- SLP and SBP designed to be fully consistent
- "It is envisaged that on some occasions, the SLP will be used together with the SBP.
- For example, an issuer may issue social bonds using the SBP, and thereafter, when it comes to using the proceeds of the bond issue, the issuer may act as a lender and use the SLP to provide social loans to one or more ultimate borrowers.
- In such cases, the consistency of the objectives and of the Social Project eligibility criteria of these instruments should be ensured."
- Social Loan Principles.
See also
- Asia Pacific Loan Market Association (APLMA)
- ESG investment
- Fixed income
- Green Bond Principles
- International Capital Market Association (ICMA)
- Loan Market Association (LMA)
- Loan Syndications & Trading Association (LSTA)
- Proceeds
- Social Bond Principles (SBP)
- Social impact bond
- Social inclusion bond
- Social loan
- Social project
- Sustainability bond
- Sustainability Bond Guidelines (SBG)
- Sustainability-Linked Loan Principles (SLLP)
