Loan Market Association
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The Loan Market Association (LMA) was formed in December 1996 and is based in London, UK.{{cite web|url=https://www.lma.eu.com/about-us|title=LMA :: About Us|website=Lma.eu.com|accessdate=8 August 2018}} Its initial aim was to develop the secondary loan market in Europe by creating industry best practices and standard documentation. The LMA is active in the primary market as well as the secondary market.
Role
The LMA engages with its members, market participants and various stakeholders to tackle industry-wide issues and concerns and works with tax authorities, government bodies and a variety of national, European and US regulators.{{cite web|url=https://www.lma.eu.com/legal-regulatory|title=LMA :: Legal & Regulatory|website=Lma.eu.com|accessdate=8 August 2018}}{{Cite web |url=https://w3.lexisnexis.com/uk/legal/getRememberMe.asp?url=https%3A%2F%2Fwww.lexisnexis.com%2Fuk%2Flexispsl%2Fbankingandfinance%2Fdocument%2F391289%2F59VP-88V1-F185-X4D2-00000-00%2FLoan_Market_Association__LMA__commentary_and_developments_overview&authReaderId=0&domain=lexisnexis |access-date=2023-05-12 |website=w3.lexisnexis.com}}
Membership
The LMA has over 770 members from 67 different jurisdictions.{{cite web|url=https://www.lma.eu.com/membership/list-members|title=LMA :: List of Members|website=Lma.eu.com|accessdate=8 August 2018}} Members pay a subscription fee to the LMA in exchange for predefined membership benefits.{{cite web|url=https://www.lma.eu.com/membership/subscriptions|title=LMA :: Subscriptions|website=Lma.eu.com|accessdate=8 August 2018}}