Can’t find a specific document or legacy agreement?
As part of its commitment to support the use of global master agreements for the securities lending industry, ISLA has developed a pledge collateral version of the existing Global Master Securities Lending Agreement (GMSLA). The new agreement is based on the existing GMSLA 2010 and provides ISLA members with an alternative to the title transfer framework.
ISLA members have access to the master agreement, as well as the the various supporting security agreements and legal opinions. To access the supporting Tri-party Control Agreements (“TACA”), members need to contact their tri-party business representative directly.
The tri-party agents that ISLA has worked with are BNY Mellon, Clearstream, Euroclear and J P Morgan.
Further information on the documentation can be found in ‘GMSLA 2018 – Pledge Overview & FAQ’s’
20 August 2020
ISLA Publishes a Series of SRD II Pro forma Letters & Supporting Q&As
6 July 2020
ISLA Publishes CSDR Mandatory Buy-in & Cash Penalties Regimes FAQs
ISLA is pleased to announce the publication of the CSDR Mandatory Buy-in & Cash Penalties Regimes FAQs. Produced in association with...Read more
11 June 2020
New E-Contract Legal Opinions Now Available
ISLA is pleased to announce that a new set of legal opinions are now available to all ISLA members who subscribe to the ISLA netting op...Read more
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