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The Legal Steering Group looks more broadly at the implications of political, regulatory and technological change on our market structure, and how those changes may require alterations to our core Global Master Securities Lending Master Agreement (GMSLA).
The LSG Opinions Subgroup reviews the existing opinions gathering services offered by ISLA to ISLA members, including:
The LSG Documentation Subgroup reviews and provides guidance to ISLA and the ISLA Board on the contractual enhancements or supplements that can be made to industry standard documentation to reflect and support the current securities lending landscape, including:
In this section, you will find all outputs produced by the group, including working groups meeting minutes.
Please note, member firms can apply to join the group however regular attendance and active participation in relevant meetings is a prerequisite. Visit the Working Groups page for all current working groups, and the Events section for all upcoming working group meetings.
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6 July 2020
ISLA Publishes CSDR Mandatory Buy-in & Cash Penalties Regimes FAQs
ISLA is pleased to announce the publication of the CSDR Mandatory Buy-in & Cash Penalties Regimes FAQs. Produced in association with...Read more
11 June 2020
New E-Contract Legal Opinions Now Available
ISLA is pleased to announce that a new set of legal opinions are now available to all ISLA members who subscribe to the ISLA netting op...Read more
27 May 2020
ISLA Publishes Revised 2020 US Tax Addendum to GMSLA
ISLA has now published the revised 2020 US Tax Addendum to the GMSLA 2010, along with supporting guidance notes. The new addendum pr...Read more
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