Description: The introduction of a placing standard - initially LMP and now MRC - has delivered value to the London Market by providing a standard form of submissions. It offers a clear structure and means that brokers present contracts in a consistent manner. This in turn adds clarity to the broker/underwriter discussion and thus enhances the efficiency of the placing process. The MRC has also delivered other advantages – most notably ensuring the content was aligned with the needs of contract certainty.

Guidance on use of the MRC, along with details of the plans for the placing document standard in 2008 are available via the link on the right hand side of this page

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Placing Document 2008 plans

Steve Hulm provides content for this page

Page last updated on 04.03.08