Loan Market Association and Make UK: Difference between pages

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(LMA).
''UK''.


The Loan Market Association is a trade body for the Europe, Middle East and Africa (EMEA) [[syndicated loan]] market, founded in 1996 by banks operating in that market.
Make UK is the UK manufacturers' association.


Promoting loan markets in various ways, the LMA publishes model documentation and "market guidelines" for use in both primary and secondary markets with a view to achieving more standardisation of widely accepted market practice.
It was formerly known as the EEF, which derived in turn from its earlier name, the Engineering Employers' Federation.




The [[Association of Corporate Treasurers]] (ACT) has supported the LMA's primary documentation initiative since its inception.
Commenting on the request for an extension of Article 50, Stephen Phipson, Chief Executive of Make UK, said on 20 March 2019:


The LMA discusses its primary investment grade borrower documentation with the ACT prior to publication.  
:‘It is now 1,000 days since we voted to leave the EU. Despite that, we are now in a position where the world’s fifth biggest economy has no idea what the trading relationship with its biggest market will be in nine days’ time. We are moving from farce to tragedy.  


With [http://www.slaughterandmay.com/ Slaughter and May], ACT publishes [http://www.treasurers.org/loandocumentation commentaries] on the LMA primary documents.
:‘The only thing likely to worsen the current picture is leaving the EU without a deal, which would be catastrophic for the manufacturing sector which is so dependent on frictionless trade, common standards and regulation.


:‘As a result, we conditionally support the Prime Minister’s decision to seek a short extension to Article 50. We do so on the express condition that the Government and Parliament use this time to relentlessly pursue a clear outcome that protects our trading relationship and provides certainty as quickly as possible. Delay for delay's sake will simply make an appalling situation worse.’


Working with the Asia Pacific Loan Market Association and the Loan Syndications & Trading Association, the LMA publishes the Green Loan Principles and the Sustainability Linked Loan Principles.




==See also==
==See also==
* [[Asia Pacific Loan Market Association]]
* [[Article 50]]
* [[An introduction to loan finance]]
* [[Brexit]]
* [[Documentation]]
* [[Brexit Day]]
* [[Documentation risk]]
* [[British Chambers of Commerce]]
* [[European Leveraged Finance Association]]  (ELFA)
* [[Confederation of British Industry]]
* [[Green Bond Principles]]
* [[International Chamber of Commerce]]
* [[Green Loan Principles]]
* [[IGA]]
* [[International Capital Market Association]]
* [[Loan market]]
* [[Loan Syndications & Trading Association]]
* [[RFR templates]]
* [[Sustainability Linked Loan Principles]]


 
[[Category:The_business_context]]
==External link==
* [https://www.lma.eu.com/about-us The Loan Market Association - about us]
 
[[Category:Long_term_funding]]

Revision as of 08:51, 21 March 2019

UK.

Make UK is the UK manufacturers' association.

It was formerly known as the EEF, which derived in turn from its earlier name, the Engineering Employers' Federation.


Commenting on the request for an extension of Article 50, Stephen Phipson, Chief Executive of Make UK, said on 20 March 2019:

‘It is now 1,000 days since we voted to leave the EU. Despite that, we are now in a position where the world’s fifth biggest economy has no idea what the trading relationship with its biggest market will be in nine days’ time. We are moving from farce to tragedy.
‘The only thing likely to worsen the current picture is leaving the EU without a deal, which would be catastrophic for the manufacturing sector which is so dependent on frictionless trade, common standards and regulation.
‘As a result, we conditionally support the Prime Minister’s decision to seek a short extension to Article 50. We do so on the express condition that the Government and Parliament use this time to relentlessly pursue a clear outcome that protects our trading relationship and provides certainty as quickly as possible. Delay for delay's sake will simply make an appalling situation worse.’


See also