The International Securities Lending Association (ISLA) is a leading non-profit 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 170 firms includes institutional investors, asset managers, custodial banks, prime
brokers and service providers.
Working closely with the industry, as well as national, regional, and global regulators and
policy makers, ISLA advocates for, amongst other things, the importance of securities
lending to the broader financial services industry. It supports both the Global Master
Securities Lending Agreements (GMSLA) legal framework, including the Title Transfer and
Securities Interest over Collateral variants, as well as the periodical enforceability and
security enforcement across global jurisdictions.
Through member working groups, industry guidance, consultations and first-class events,
ISLA plays a pivotal role in the creation and promotion of market best practices and
processes, thought leadership, standards for legal frameworks, and securities lending
guides and related documents.