Nearly four years after being founded in August 1998, the Asia Pacific Loan Market Association APLMA has launched Phase I of its standardized loan documentation aimed at promoting growth in the primary and secondary loan markets of Asia. Simultaneously launched in Hong Kong and Singapore, the launch marks a milestone for the association.
Speaking at the launch, HKMA, deputy CEO, David Carse said, the Association's initiative in producing a suite of standard loan documents is so important, and is probably the association's major achievement to date. Good documentation plays a vital role in underpinning the growth and liquidity of markets in financial products.
Headquartered in Hong Kong, with branches in Singapore...
