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Spanish Authorities Publish New Consultation

ISLA is delighted to see the recent consultation from the Spanish Ministry of Economy regarding securities lending and mutual funds.  Over time, we hope to see a broader acceptance of securities lending in this important European market as we look to the development of the Capital Markets Union agenda across Europe.  Securities lending not only provides important incremental revenue opportunities to investors, but it also provides a foundation supporting effective price discovery and secondary market liquidity.

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