The ISLA Tax group supports and considers taxation matters relating to the securities lending and broader industry. The working group will review new or amending tax regulation(s) which in turn may require amendments to market practice or advocacy with tax authorities.

This group also works with relevant member firms on the implications of changes to tax law on our Global Master Securities Lending Agreement (GMSLA).

Tax Working Group minutes can be found below, further updates can be found under Taxation.

Working Group Chair(s): Vladislav Urumov, Director, Société Générale and George Rapalje, Managing Director, State Street

Frequency: Quarterly
Requirement: Member firms can apply to join the group, however regular attendance active participation in relevant meetings is a prerequisite (ISLA reserves the right to modify attendance based on the current composition).

By clicking here you can see the current list of upcoming meetings. Don’t see a meeting currently planned? Check back – we update our list of upcoming meetings every week.


Back to Working Groups


Already a member? Login to your account

Interested in becoming a member?

ISLA’s members span the breadth and depth of the securities lending industry, and there are many benefits of joining the Association’s network.

Become a member today