The primary objectives of the Accounting Committee are: This committee is as needed. Interested in joining the Accounting Committee, please contact Ellen Hefferan.
Committees of the LSTA
CLO Committee
The CLO Committee was formed to share information and best practices among CLO managers, structurers and lawyers. The Committee also helps the LSTA develop its response to regulation and market issues impacting CLOs’ ability to operate in the loan space. In recent years, it has focused on LIBOR transition, as well as regulatory issues including […]
ESG Committee
The ESG Committee is home to all LSTA ESG and sustainability initiatives. Each year one or several working groups will be formed to focus on certain projects. In 2023-24, the current projects are an update to our Guidance on External Reviews, a new practice note on sustainability linked loans in fund finance, and an update […]
Litigation Committee
The purpose of the Litigation Committee is to review and approve amicus litigation proposals. This committee is as needed.
MTM Committee
The LSTA Mark-to-Market Pricing (MTM) Committee is a strategic committee that reports to the LSTA Board and directs initiatives geared toward ensuring the highest level of price accuracy in the secondary loan market. The committee represents an ongoing effort to address secondary market pricing. The members of the committee will be recruited from a cross […]
Open-end Loan Fund Committee
The purpose of the Open-end Loan Fund Committee is to share information and best practices and respond to regulation and market issues impacting funds’ ability to operate in the loan space. Most recently the Committee’s focus has been engagement with the SEC on the proposed amendments to the Liquidity Risk Management Rules. Membership is open […]
OSG Committee
The mission of the OSG is to focus on a wide variety of strategic and tactical initiatives relating to loan servicing and loan settlement with a view toward achieving operational accuracy and efficiency. Current policies and procedures are assessed, areas for improvement explored and content and information flows standardized, as workflow efficiencies are identified. […]
Primary Market Committee
The Primary Market Committee is the largest committee of the LSTA with more than 450 members. The Committee focuses on current legal issues in the primary market. All LSTA primary market related legal product is vetted by this group of members. It is recommended that each member of the LSTA nominate at least one person […]
Private Credit Markets Committee
The Private Credit Markets Committee is comprised of 30+ member institutions active in private credit (including the twelve PCSAC members). The PCMC assists the LSTA in executing on the strategy and initiatives that have been proposed by the PCSAC. Member institutions will have one or more senior representatives involved as subject matter experts depending on […]
Private Credit Senior Advisory Committee
The Private Credit Senior Advisory Committee is comprised of twelve member institutions active in private credit. Each institution has selected a single representative (of firm senior leadership) to participate in the Committee. The purpose of the PCSAC is to advise the LSTA on the identification and prioritization of private credit initiatives. The objective of this […]
Product & Technology Committee
The mission of the Product and Technology Committee is to achieve a more efficient and orderly corporate loan market. By publishing best-practice recommendations, educating market participants and facilitating discussions, the committee articulates changes and helps to implement new operational and technological initiatives. A sub-committee was formed to focus on facilitating interoperability among different market participants […]
Settlement Committee
The Settlement Committee is a consensus driven committee whose mission is to determine, articulate, recommend, and implement operational, documentation and technological changes within the loan market to improve settlement. This committee intends to effect change that will directly result in a more efficient and orderly syndicated loan market. This Committee is open to LSTA members […]
Trade Practices and Forms Committee
The Trade Practices and Forms Committee has approximately 200 members. The Committee seeks to develop market conventions that govern trading and settlement of par and distressed loans. Since its inception, the Committee has worked to identify key market issues and to build consensus toward resolving those issues through the drafting and adoption of standard documents and […]
Become a Member
Membership in LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.