Lloyd’s Market Association Bulletin

The LMA has published LMA5670 – General Sanctions and Financial Crime Documentation Clause. The model clause is available via the Lloyd’s Wordings Repository.

Please see the attached guidance for more information about LMA5670.

All LMA model documents are purely illustrative and are published and distributed for the guidance of Lloyd’s managing agents, brokers and other market participants. All contracting parties are free to agree to different conditions/amend the model documents as they see fit; the LMA does not protect its intellectual property rights over model documents. It is for underwriters to decide whether or not any contractual language is acceptable on any given risk.

Arabella Ramage
Legal and Regulatory Director
arabella.ramage@lmalloyds.com

Steven Dennis
Senior Executive, Technical Underwriting
steven.dennis@lmalloyds.com