LMA revises contractual recognition of bail-in clause | Practical Law

LMA revises contractual recognition of bail-in clause | Practical Law

The Loan Market Association (LMA) has revised its recommended form of clause for use in loan documents complying with Article 55 of the EU Bank Recovery and Resolution Directive (2014/59/EU) in relation to the contractual recognition of bail-in.

LMA revises contractual recognition of bail-in clause

Practical Law UK Legal Update 9-631-9323 (Approx. 3 pages)

LMA revises contractual recognition of bail-in clause

by Practical Law Finance
Published on 04 Aug 2016England, Wales
The Loan Market Association (LMA) has revised its recommended form of clause for use in loan documents complying with Article 55 of the EU Bank Recovery and Resolution Directive (2014/59/EU) in relation to the contractual recognition of bail-in.