The primary objectives of the Accounting Committee are: Discuss and examine existing market practices related to loan syndications and trading activities, Actively engage in standard-setting due process by monitoring developments arising from standard-setting activities by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) and Expand communication and education by: developing […]
Committees of the LSTA
The CLO Committee was formed to share information and best practices among CLO managers, structurers and lawyers. In recent years, it has focused on LIBOR transition, as well as regulatory issues including TALF, risk retention, the Volcker Rule and issues arising from the SEC. The committee prepares analysis and white papers to support the CLO […]
The ESG Working Group is focused on ESG developments in the loan market, which includes ESG integration as well as the development and evolution of ESG loan products. The Working Group has introduced an ESG Diligence Questionnaire for borrowers, an ESG Diligence Questionnaire for asset managers as well as worked with global loan trade associations […]
The purpose of the Litigation Committee is to review and approve amicus litigation proposals.
The mission of the Operations Steering Group 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 […]
Primary Market Committee
The Primary Market Committee is the largest committee of the LSTA with more than 500 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 […]
The mission of the Regulatory Committee is to develop and supervise the LSTA’s strategy for interfacing with regulators and other government entities. This Committee is open to LSTA members by invitation only.
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 290 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 […]
This committee was established in 2016 and already has more than 750 members. The committee hosts several events and networking evenings throughout the year. Please contact Lisa Schneider for further information.
Become a Member
Membership in the 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.