Updates on Syndicated Loan Market
Updates
The Updates Section provides two months of recent news and analysis on the regulatory and advocacy issues in which the LSTA is engaged. The issues are grouped by date, not by subject.
Amicus Briefs
The LSTA files amicus briefs in court cases that raise important policy issues impacting the loan market. The LSTA's amicus program relies on judicious case selection to ensure that our advocacy focuses on the most significant and pressing market interests.
Comment Letters & Papers
The LSTA submits comment letters to federal regulators and members of Congress on proposed rules and legislation that could impact the loan market and our members.
Key Issues & Topics
The Key Issues section covers the major issues in which the LSTA is engaged. The issues include FATCA, Leveraged Lending Guidance, Risk Retention and the Volcker Rule, among others. Information in this section includes news, comment letters, analysis, presentations and more.
Committees & Working Groups
The LSTA navigates and leads the loan market ahead through its committees and working groups. Comprised by LSTA members, they provide a forum for loan market participants to shape and influence the direction of the industry—by consensus and resolution.
| Date | Title/Description | Files |
|---|---|---|
| Jun 13, 2014 | Leveraged Lending Guidance and SNCRegulators are working on the first SNC reviews following the full implementation of the Leveraged Lending Guidance (LLG). Recent press stories ask whether LLG are impacting loan terms – and whether the SNC exams will affect behavior. | Login |
| Jun 13, 2014 | Volcker Rule Implementation GuidanceThe OCC published its Volcker Rule Interim Examination Procedures recently, which are structured to help examiners determine whether banks have business activities subject to Volcker – and if banks are implementing plans to comply. | Login |
| Jun 13, 2014 | “Volckerizing” Legacy CLOsBanks are working with the trade associations to develop a draft template to facilitate amendments to remove bond baskets from legacy CLOs, thus “Volckerizing” them. | Login |
| May 30, 2014 | European “Qualifying” SecuritisationsThe Bank of England and the European Central Bank released a discussion paper proposing a “qualifying securitization” that would be subject to less onerous regulatory requirements. The criteria are similar to the QCLO. | Login |
| May 16, 2014 | Leveraged Lending: Recovery and Warning ShotsSince 2013, the OCC has been vocal in its advocacy of the Leveraged Lending Guidance. In recent months, the Federal Reserve has become vocal as well. | Login |
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