Thank goodness for standards

New standardized loan documentation reaches Asia - at last.

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...

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