About ISLA

The International Securities Lending Association (ISLA) is a leading non-profit industry association, representing the common interests of securities financing market participants across Europe, Middle East, and Africa (focusing primarily on securities lending and borrowing (SLB) activity). Its geographically diverse membership of over 200 firms includes institutional investors, asset managers, custodial banks, prime brokers and service providers.

In May 2024, following an Extraordinary General Meeting where ISLA members voted overwhelmingly in favour of resolutions to support the expansion of its activities in the United States, ISLA incorporated ISLA Americas as an affiliate entity. ISLA Americas is a non-profit industry association, presently representing the common interests of securities lending firms in the Americas region, namely institutional investors, asset managers, and custodial banks.

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, maintains, and obtains legal opinions for the Global Master Securities Lending Agreement (GMSLA), covering both the Title Transfer and Securities Interest over Collateral variants.

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.

“ISLA fosters the growth of the securities lending and financing industry, and actively represents the long-term interests of all stakeholders”

Strategy Committee, ISLA Board of Directors

Watch our short video about the International Securities Lending Association (ISLA), a leading non-profit industry association representing the common interests of securities lending and financing market participants across Europe, Middle East and Africa.