RFR templates and Prime brokerage: Difference between pages

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''Loan documentation - Loan Market Association (LMA)''.
1.


Abbreviation for Risk Free Rate templates.
Prime brokerage is a service to large institutional investors, including hedge funds.


It includes securities lending and custody.


The RFR templates are recommended forms of loan facility agreement, referencing risk free rates.


They are published by the Loan Markets Association.
2.


'Prime brokerage' can also refer to the business unit which provides prime brokerage services.


To assist treasurers approaching RFR-linked loans for the first time, Slaughter and May, in conjunction with the Association of Corporate Treasurers, have produced a Borrower’s Guide to the LMA’s RFR templates.


The Guide provides background to RFR lending terms from the borrower’s point of view, alongside a detailed commentary on the interest rate and related provisions of the RFR templates, highlighting aspects that borrowers might seek to adjust or negotiate.
== See also ==
* [[Broker]]
* [[Brokerage]]
* [[Custody]]
* [[FX prime broker]]  (FXPB)
* [[Hedge fund]]
* [[Internalisation]]
* [[Internalisation risk]]
* [[Liquidity risk]]
* [[Prime]]
* [[Securities lending]]


 
[[Category:Financial_products_and_markets]]
==See also==
* [[An introduction to loan finance]]
* [[Association of Corporate Treasurers]] (ACT)
* [[Documentation]]
* [[Documentation risk]]
* [[Green Bond Principles]]
* [[Green Loan Principles]]
* [[IGA]]
* [[International Capital Market Association]]
* [[Loan Market Association]] (LMA)
* [[SONIA]]
* [[Sustainability-Linked Loan Principles]]  (SLLP)
 
 
==Other resource==
* [https://www.treasurers.org/hub/technical/libor/borrowers_guide_to_loans_referencing_risk_free_rates?_cldee=ZG91Z0Bkb3Vnd2lsbGlhbXNvbi5jb20%3d&recipientid=contact-61e01a18fd04e61180d1000d3ab15408-2d69718a63d546aa841cde82413a3ca7&utm_source=ClickDimensions&utm_medium=email&utm_campaign=NEWS-MEM-2001&esid=a789fcaf-479c-eb11-8141-000d3ab15408 Borrower’s Guide to the LMA’s recommended forms of facility agreement for loans referencing risk-free rates (RFRs)]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Latest revision as of 14:13, 30 October 2023

1.

Prime brokerage is a service to large institutional investors, including hedge funds.

It includes securities lending and custody.


2.

'Prime brokerage' can also refer to the business unit which provides prime brokerage services.


See also