This Market Advisory addresses trading English law governed loans on an LSTA Par Confirm and highlights certain additional representations parties may agree to include in the LSTA Par Confirm in those circumstances
This Advisory replaces the guidance contained in the LSTA’s September 2017 advisory on ERISA representations required under the Department of Labor (DOL)’s 2016 Fiduciary Rule.
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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.