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ISLA meaning in Community ?

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Answer: What is International Securities Lending Association mean?

The International Securities Lending Association (ISLA) is a leading industry association, representing the common interests of securities lending and financing market participants across Europe, Middle East and Africa. Its geographically diverse membership of over 160 firms includes institutional investors, asset managers, custodial banks, prime brokers and service providers.

Working closely with the global industry as well as regulators and policy makers, ISLA advocates the importance of securities lending to the broader financial services industry. ISLA supports the development of a safe and efficient framework for the industry, by playing a pivotal role in promoting market best practices and processes, amongst other things. ISLA sponsors the Global Market Securities Lending Agreement (GMSLA) and the annual enforceability review in over 65 jurisdictions globally.

Through member working groups, industry guidance, consultations and first-class events, ISLA helps to steer the direction of the industry by developing Thought Leadership, standards for Legal Frameworks and Industry Guides & Best Practice documentation. ISLA is one of its most influential voices on the European and global stage.

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