On December 22, 2015, the Loan Syndications and Trading Association (LSTA), together with the Loan Market Association (LMA), issued a joint statement announcing the publication of recommended forms of EU Bail-in Contractual Recognition Provisions for use in primary market loan documents. Each association has published their own variations, and while they are largely consistent with each other, the LSTA form is designed for use in the US loan market and for loan documentation governed by New York law.

The forms are recommended to the extent required by Article 55 of EU Directive 2014/59 relating to contractual recognition of bail-in. For more on the European bail-in rules, see Article, Expert Q&A on Applicability of the EU Bail-In Rules in the US. The forms are located on the websites of the LSTA and the LMA.