Can’t find a specific document or legacy agreement?
The International Securities Lending Association (ISLA) has been supporting the securities lending industry by providing a standard legal framework for over 20 years. The Global Master Securities Lending Agreement (GMSLA) document may be used as a standard master agreement for securities lending transactions in the cross-border market. The GMSLA in now available in two forms; title transfer and a security interest version which was released to the market at the end of 2018.
For securities lending activity, ISLA supports the following documents and versions;
GMSLA 2010 and 2000 version
GMSLA Security Interest over Collateral 2018 version
Information and access to the netting opinions that are available through aosphere, and support the GMSLA 2010 and 2000 versions are available in Legal Opinions.
11 April 2019
ISLA Publish 2019 Legal Opinions for the Global Master Securities Lending Agreement (GMSLA)
The International Securities Lending Association (ISLA) has published the 2019 updates to the legal netting opinions which support th...Read more
19 March 2019
ISLA Launches Legal Opinions to support GMSLA Pledge Structure Documentation
Following the initial launch of the new GMSLA "Pledge" Structure Documentation, ISLA is pleased to announce completion of the project w...Read more
29 November 2018
ISLA Announces Pre-Launch of GMSLA Pledge Documentation.
ISLA is delighted to announce the pre-launch of the new ISLA GMSLA Pledge Documentation.Read more
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