ISLA publishes 2024 netting opinions for the GMSLA
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ISLA publishes 2024 netting opinions for the GMSLA 11 April 2024 UK, Europe Reporter: Sophie Downes
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The International Securities Lending Association (ISLA) has published the 2024 netting opinions, supporting the title transfer versions of the Global Master Securities Lending Agreement (GMSLA).
All opinions cover companies, banks and securities dealers. Most jurisdictions also cover insurance companies, hedge funds, mutual funds and pension funds as parties to the GMSLA.
Coverage of ISLA's Master Confirmation Annex (MCA), originally published in November 2021, has been further extended to cover an additional five jurisdictions, bringing it to 25 in total.
Opinion coverage has also been extended to include the Thailand annex to the GMSLA 2010, which members can view via the ISLA website.
These opinions are accessible to Association members that subscribe to its nettings opinions service.
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