ISLA expands coverage to US with new affiliate entity
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ISLA expands coverage to US with new affiliate entity 01 March 2024US Reporter: Carmella Haswell
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The International Securities Lending Association (ISLA) will be expanding its coverage and activities to the US with the creation of an affiliate entity in Q2 2024.
ISLA aims to serve regional members, including current members operating global businesses. It indicates that it has seen a notable increase in demand to produce “a more cohesive output”.
This reflects the multi-jurisdictional operating models employed by ISLA members and “a growing desire to provide one global advocacy voice across EMEA and the US”, the Association says.
ISLA will provide further details on the expansion over the coming months, based on consultation with its members and wider stakeholders in both regions.
In addition, ISLA US is planning a 2024 conference to be held in Florida in October for the securities finance industry.
ISLA has continued to support and represent its members across Europe, the Middle East, and Africa over the past 30 years, advocating the importance of securities lending, collateral mobility and financing within the broader capital markets ecosystem.
Commenting on the news, ISLA CEO Andrew Dyson says: “In line with the needs of our members, much of our work is increasingly global in nature. By opening an affiliate in the United States, we will be able to significantly enhance our capabilities across the Americas and deliver better outcomes for our wider membership.”
Debbie Bianucci, president and CEO of the RMA, adds: “We are working closely with ISLA leadership to provide support for a strong attendee conference experience and build on the solid foundation RMA has created to deliver value to securities lending executives over many years.”
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