The International Capital Market Association (ICMA) says that the Joint Stock Commercial Bank “Rosbank” and Caribbean Money Market Brokers have joined the Association as members.
The International Capital Market Association is the self-regulatory organisation and trade association representing constituents and practitioners in the international capital market worldwide.
“As an institution active in the Russian financial market, joining ICMA was an important step to access the experience and expertise of the Association in international capital markets and to take an active part in the dialogue on market issues among the international financial community,” says Andrey Ukolov, the Head of Financial Institutions at Joint Stock Commercial Bank “Rosbank”.
“We are pleased to join ICMA whose role in the European capital market has been pivotal, in particular with regard to its self-regulatory code covering trading and settlement,” adds Ram Ramesh, the Managing Director & CEO at Caribbean Money Market Brokers. “The Caribbean and the Latin American region both have great potential to learn from the good market practice code of the Association.”
ICMA has supported the continued successful development of the international capital market over the last 30 years by promoting and enforcing best market practice.