Loan Market Association (LMA)

Founded in 1996, the Loan Market Association (LMA) is a trade body established to improve liquidity, efficiency, and transparency in the primary and secondary syndicated loan markets across the EMEA region. Its core mission is to promote best practices and standardization by developing and publishing a comprehensive suite of industry-standard legal documentation for loan agreements. The LMA actively engages with regulators and members—which include banks, institutional investors, law firms, and rating agencies—to address market challenges and facilitate the continued growth and stability of the loan market.