AFME, ISDA and ISLA among trade bodies to deliver the concise message of delay the settlement discipline regime.
Partnership will see the expansion of e-contracts to help facilitate greater automation in the securities lending markets.
The trade body brings on one of the world’s most vocal proponents for ESG standards, providing a significant backer to the group’s ESG agenda.
A study from EY and PASLA found 89% of its members believe securities lending is compatible with ESG principles.
Securities lending experts argue beneficial owners are taking greater ownership over their governance responsibilities and applying these principles to securities lending programmes.
National authorities are not expected to enforce the reporting obligations under SFTR as until 13 July 2020.
ISLA and ICMA write to regulators appealing for delay due to Coronavirus pandemic.
After months of lobbying, trade associations and market participants get their wish as ESMA delays introduction of CSDR's settlement discipline regime.
ISLA plans to fill a number of key senior positions this year that will enable it to deliver on several regulatory projects and market practice initiatives.
The council aims to introduce wide-ranging solutions for sustainable securities lending through the introduction of new principles.