Head office 1801 Market Street Ste 300 Philadelphia PA 19103-1628 USA
Contact Fran Garritt 001 215 446 4000 fgarritt@rmahq.org
The Risk Management Association (RMA)
About RMA
The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA has 2,600 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by more than 16,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific. Visit RMA on the Web at www.rmahq.org.
RMA Committee on Securities Lending
The primary objective of the committee is to promote sound securities lending practices within its members and the industry. The committee is responsible for building and maintaining relations with the institutions engaged in the lending of securities worldwide. It provides direction for RMA activities and products pertaining to the securities lending industry. This includes educational training, conferences, roundtables, surveys, publications, and liaisons with other lending associations. The committee also provides representation for its constituents with governmental agencies and officials.
The anticipated US Treasury Clearing proposal has caused concern for some firms, which indicate that the costs of its implementation will outweigh the benefits
Chris Kunkle has taken the helm of the securities lending division of the RMA just as the market appears to be back on the up. But there's still plenty of work to do