Universal acceptance and adoption of a standard set of guidelines that increases operational performance beyond that reached without such standards. Practices, such as KYC Guidelines, are developed, though market consensus, to provide for a standard methodology that can be implemented across LSTA member organizations.
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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.
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