Social Loan Principles – What are they?
The social loan principles (“SLP”), published jointly by the Asia Pacific Loan Market Association, Loan Market Association and Loan Syndications and Trading Association, are voluntary guidelines for market participants vis-à-vis social loan products. The SLP have been formulated with reference to the ‘Social Bond Principles’ administered by the International Capital Markets Association. They endeavor to “create a high-level framework of market standards and guidelines, providing a consistent methodology for use across the social loan market”.
Please click here to read the full article by Nand Gopal Anand and Harshit Dusad, published in BW Legal.
Harshit’s focus areas are banking & finance, project finance and trade finance. His experience includes work on matters pertaining to foreign currency lending, rupee financing and security creation in relation thereto.