International Securities Lending Association

The Market Practice Steering Group (MPSG) supports the Association’s work on all matters relating to market practices in adherence and alignment to global and jurisdictional standards.

The group will further consider best practices and supporting activities impacting the structural architecture of the EMEA Securities Lending market, through trading and operations activities, corporate action, tax and regulatory impact.

Meeting Details
Date: 8 June 2023
Time: 15:30 BST

Member firms can apply to join the group, however regular attendance and active participation in relevant meetings is a prerequisite (ISLA reserves the right to modify attendance based on the current composition). If you are not currently receiving details of these meetings, would like to be part of this group, or would like to see a list of working groups, please click here.

ISLA is very active through its specialist tax working group to understand and interpret how changes to relevant tax laws affect our markets. This includes working with relevant tax authorities and specialist law and advisory firms on behalf of the broader membership. This group also works with relevant member firms on the implications of changes to tax law on our Global Master Securities Lending Master Agreement.

Meeting Details
Date: 13 June2023
Time: 16:00 BST

This meeting is open to member firms only. Participation is contingent on being part of the working group and by invitation only.

If you are not currently receiving details of these meetings, would like to be considered to be part of the group, or would like to see a list of working groups, please click here.

The Digital Asset working group, a small subset of the Digital Steering Group, will produce practical output for members when considering the digital asset space in relation to both lending and collateral. Output will document impact, opportunities and challenges across the full lifecycle of a securities loan covering a range of new asset types:
• Tokens
• Native digital bonds and equities
• Cryptocurrencies
• Stablecoins
• CBDCs (relevance/priority to be determined by group)

Meeting Details
Date:  15 June 2023
Time: 12:00 BST

This meeting is open to member firms only. Participation is contingent on being part of the working group. If you are not currently receiving details of these meetings, would like to be part of this group, or would like to see a list of working groups, please click here.