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GMSLA Netting Opinions

The International Securities Lending Association (ISLA) obtains legal opinions, updated annually in a joint exercise with the International Capital Markets Association (ICMA), for over 65 jurisdictions globally. Ensuring the enforceability of the netting provision of the GMSLA is a key objective for ISLA.

For detailed information on the scope, availability, and the SLAnalytics subscription from aosphere, please download ‘ISLA Netting Opinions Explained’.

If you are not a subscriber, and would like more detailed information on the service, including subscription fees, please contact us.

(Please note, the supporting legal opinions for the pledge structure can be found within the GMSLA Security Interest section).

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