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Tess Virmani

Associate General Counsel, EVP of Public Policy

tvirmani@lsta.org / (212) 880-3006

Tess Virmani is Associate General Counsel and Executive Vice President, Public Policy of the Loan Syndications and Trading Association (LSTA).

Tess has a broad range of responsibilities at the LSTA. She leads the LSTA’s sustainable finance and ESG initiatives which seek to foster the development of sustainable lending as well as promote greater ESG disclosure in the loan markets. In addition, Tess engages in the LSTA’s policy initiatives, including market advocacy and spearheading industry solutions to market developments, such as the transition to replacement benchmarks. Tess focuses on maintaining and augmenting the LSTA’s extensive suite of documentation, which includes templates, market standards, and market and regulatory guidance. Finally, she is involved in the development and presentation of the LSTA’s robust education programs.

Prior to joining the LSTA, Tess practiced as a finance attorney at Skadden, Arps, Slate, Meagher & Flom LLP in New York. She received a B.S. in International Politics from the Walsh School of Foreign Service at Georgetown University and a J.D. from Fordham University School of Law. She is admitted as an attorney in New York. Tess is a Fundamentals of Sustainability Accounting Credential Holder.

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ISDA, LMA and LSTA Talk Hedging SOFR

By Tess Virmani. On October 12th ISDA hosted a webinar together with the LSTA, LMA and Linklaters covering the RFR-related provisions in ISDA’s documentation.

LIBOR Transition: The OCC Speaks

By Meredith Coffey. Both the SEC (though Gary Gensler’s pronouncements) and the Federal Reserve (through Randal Quarles’s speeches) have made their positions clear on LIBOR…

Another Threat to LIBOR: Part II

LSTA GC Elliot Ganz explains the LSTA’s participation in an amicus brief supporting the dismissal of a lawsuit questioning the legality of LIBOR (and, by…