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ISLA MANIFESTO 2024
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                                                                                                                                 Contents






                                                                                                                                 Introduction                                                                                      4

                                                                                                                                 Context for Change                                                                                5


                                                                                                                                 What is Securities Lending & Borrowing?                                                           8


                                                                                                                                 How Securities Lending & Borrowing
                                                                                                                                 Contributes to a Healthy Financial System                                                        10



                                                                                                                                 Priorities & Recommendations for the New Legislative Term                                        12

                                                                                                                                    1.  Securing & Expanding Supply Channels                                                      12

                                                                                                                                    2.  Optimising & Enhancing Demand Channels                                                    20
                                                                                                                                    3.  Advancing EU Infrastructure to Further Drive Forward
                                                                                                                                       Market Efficiency & Digitisation                                                           21

                                                                                                                                    4.  Better Data for Greater Stability                                                         24


                                                                                                                                 Compiled Recommendations                                                                         26
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