FIN.

LMA updates market model agreements for GDPR and Criminal Finances Act 2017

In light of the Criminal Finances Act, which already has effect, and GDPR, which applies from 25 May 2018, the Lloyd’s Market Association (LMA) has updated the following market model agreements:

  • Binding Authority Agreement – LMA3113
  • Consortium Agreement – LMA3145
  • TPA Agreement – LMA9008A

On the same webpage, the LMA has also published model endorsements for other agreements.

FIN. Team