LMA Regulatory Insights – Mar 2026 - LMA- Loan Market Association

Jesse Beardsworth
LMA
Regulatory

March 2026

Welcome to a new edition of the Regulatory Insights Newsletter!

The countdown is on for the LMA’s first Regulatory Seminar & Networking Drinks, taking place on the afternoon and evening of 30 April at a great location in the heart of Brussels! We have an excellent line-up of speakers, including a keynote from Hélène Bussières (Head of the Asset Management Unit at DG FISMA). The programme will also feature an thought-provoking panel on the role of securitisation in strengthening capital markets and financing the real economy, with insights from Anne Wrobel (Head of Wholesale Market Analysis & Policy at the FCA) and other leading experts.

Join us to hear the latest perspectives on the evolving financial services agenda. The discussion will be followed by networking drinks, offering a chance to connect with policymakers, regulators, and market participants in a historic setting. We hope to see many of you there! Register now.

See below for the latest on the LMA’s broader efforts to support efficient and effective regulation of the trillion‑dollar EMEA loan markets through proactive member education, collaboration on priorities and messaging, and credible engagement with policymakers.

If you have any questions or would like further information about our work, please do not hesitate to contact Jesse Beardsworth or Evelien Alblas.

LMA Regulatory Scanner

The March edition of the LMA Regulatory Scanner is now available to members. This edition highlights key updates and upcoming changes impacting the loan markets – including Article 21c of CRD VI, securitisation, private credit, sustainable finance, and more.

Advocacy and Engagement

We have been actively engaging in advocacy on the EU’s securitisation reform (in advance of upcoming “trilogue” negotiations)
On 11 March, we submitted a joint comment letter (with ISDA, GFXD, and UK Finance) on HM Treasury’s consultation on the UK’s future benchmark regime
We are preparing a response to the EC’s consultation on bank competitiveness (deadline 19 April)
We are preparing a response to the FCA‘s and PRA’s consultation on securitisation (deadline 18 May)
On 19 February, the LMA published its position paper on EU’s proposed amendments to the Sustainable Finance Disclosure Regulation and we have been actively engaging in advocacy to amplify our points
On 10 March, we updated the LMA’s Article 21c Tracker for CRD VI with the latest on Member State transposition

Education and Collaboration

On 30 April, we will host our evening Regulatory Seminar & Networking Drinks in Brussels from 16:00 to 20:00 CET – sign up here
On 21 April, we will host a roundtable with Elvinger Hoss on Luxembourg’s approach to Article 21c of CRD VI – in particular, the impact on non-EU bank lending to Luxembourg-based funds and SPVs and the continued availability of “characteristic performance”– to register, please contact Odelia Loke
On 21 April, we will host a roundtable with the FCA focusing on the regulatory framework for AI and digital assets. This session is by invitation only, if you’re interested in joining, please contact Odelia Loke
On 16 April, we will host our next Member Briefing Call on Public Policy & Regulatory Developments – covering the latest on EU financial services strategy and geopolitics, the EU consultation on bank competitiveness, and EU and UK securitisation reforms, register here
On 23 February, we hosted a briefing call with Orrick on the UK FCA/PRA securitisation consultation
On 17 February, we hosted a briefing call with Freshfields on the EU’s consultation on bank competitiveness
On 4 February, we hosted a roundtable with the FCA on the then impending UK consultation on securitisation and the FCA’s thinking on private credit – see member note here

Share Your Thoughts

Here is a list of open consultations LMA is tracking and considering whether to respond to. To share your view or would like to be involved, please contact Jesse Beardsworth or Evelien Alblas.