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International Securities Lenders Association (ISLA) In Stock Futures Funds Directory

 

The International Securities Lending Association (ISLA) is a trade association established in 1989 to represent the common interests of participants in the securities lending industry. ISLA works closely with European regulators and in the United Kingdom has representation on the Securities Lending and Repo Committee, a committee of market practitioners chaired by the Bank of England. The Association has contributed to a number of major market initiatives, including the development of the UK Stock Borrowing and Lending Code of Guidance and the industry standard lending agreement, the Global Master Securities Lending Agreement (GMSLA).ISLA has nearly 90 members comprising insurance companies, pension funds, asset managers, banks and securities dealers representing more than 4,000 clients. Whilst based in London, ISLA represents members from more than twenty countries in Europe and North America. In 2007, ISLA announced plans to merge with the Pan-Asian Securities Lending Association, which represents market participants in Asia. ISLA has an elected Board of twelve industry professionals representing firms from all parts of the industry. The current Chairman is Laurence Marshall of UBS Investment Bank. ISLA appointed David Rule as its first Chief Executive in 2007.

 

Address: St Michaels House, 1 George Yard, London, EC3V 9DH
Telephone: 44(0)207 743 9314
Website: http://www.isla.co.uk/