ISLA adopts PASLA annexes to the GMSLA 10 January 2022Global Reporter: Carmella Haswell
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The International Íø±¬³Ô¹Ï Lending Association (ISLA) and the Pan Asia Íø±¬³Ô¹Ï Lending Association (PASLA) have today entered into a legal services arrangement for GMSLA documentation.
The arrangement regarding the Global Master Íø±¬³Ô¹Ï Lending Agreement (GMSLA) will facilitate the development of future annexes and addendums identified as requisites for securities lending activity in Asia Pacific markets.
This step toward digitisation of industry documentation was announced last month with the objective of enabling firms to access market-standard templates, which promote the adoption of standard provisions across the securities lending market.
All the latest addendums and country annexes to the GMSLA are available to ISLA and PASLA members on the ISLA website.
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