Afme Agreement Among Underwriters

This new structure is intended to facilitate the transparency of brokers who have accepted or accepted MAAU and to reduce compliance burdens for companies that no longer need to run and store signature pages for each union member. Listen to a rehearsal of the SIFMA sector conference, where implementation is discussed. MMAAU 2018 is implementing a new multilateral structure for municipal titles. The book JargonĀ® – European Capital Markets and Bank Finance is one of the fields of practice and sector glossary published by Latham and Watkins. The book JargonĀ® is available on the App Store and Google Play. On July 16, 2018, the SIFMA Municipal Securities Division announced the introduction of a new structure for its Master Agreement Among UnderWriter (MAAU) for municipal securities by offering a Signature site storage service. Participating companies will sign an acceptance letter to register with SIFMA MAAU and SIFMA will publish here a list of companies that have agreed to MAAU`s terms. FOR the first time in 16 years, SIFMA has completely overhauled the MAAU and will publish the new version in combination with the offer of this new structure. Definitions provide an introduction to all concepts and can raise complex issues requiring specific legal advice. Conditions may also change if existing laws and standard practices change.

In general, this glossary was written from the perspective of European practice. The information contained here is not legal advice and should not be construed as such.