Setting standards internationally

The International Capital Market Association (ICMA) is a unique organisation and an influential voice for the global capital market. It represents a broad range of capital market interests including global investment banks and smaller regional banks, as well as asset managers, exchanges, central banks, law firms and other professional advisers. ICMA’s market conventions and standards have been the pillars of the international debt market for over 40 years.

icma home image 1
  • Home

Newsletter

Thin Button

News in brief

Just a few days to go until the ICMA AGM & Conference in Milan!
There are just a few days to go until the ICMA AGM & Conference in Milan, one of the major capital market events of the year. Join 700 market participants already registered from both the buy and sell side of the industry on 23-25 May. For full details and to register, click here
NEW! ICMA Executive Education Newsletter
ICMA Executive Education has published its first newsletter. Click here to view the newsletter.
ICMA publishes 2012 legal opinions on master repo agreement for over 60 jurisdictions
4 April 2012 ICMA has published the 2012 legal opinions on the Global Master Repurchase Agreement (GMRA).

To view the press release click here.

For more information about the legal opinions, including the list of over 60 jurisdictions covered, click here.

ICMA European Repo Council paper explores official concerns about ‘shadow banking’ and repo
20 March 2012 (Zurich, Switzerland) ICMA’s European Repo Council (ERC) has today published a paper entitled:
‘Shadow banking and repo’ which explores concerns raised by regulators about ‘shadow banking’, particularly in the context of the European repo market.
For a copy of the paper, click here.
For a copy of the press release, click here.
New ICMA European Repo Council paper examines role of ‘haircuts’ in European repo market
8 February 2012 (London, UK) ICMA’s European Repo Council (ERC) has today published a paper entitled: ‘Haircuts and initial margins in the repo market’, which calls for more detailed understanding of the precise impact of collateral haircuts in the repo market to inform the regulatory debate. For a copy of the paper, click here.
For a copy of the press release, click here.

Market Practice & Regulatory Policy

ICMA CBIC/Covered Bond Report event held in Frankfurt on 10 May
11 May 2012 Andreas Denger, Vice Chairman of the CBIC, presented the transparency template, its rationale and the amendments made to the template. For more information, click here.
ICMA submits comments to European Commission on “bail-ins”
20 April 2012 The ICMA has submitted a letter in response to the questions enumerated in the European Commission’s "Discussion paper on the debt write-down tool – bail-in". To see the letter, click here.
ICMA Quarterly Report Second Quarter 2012

4 April 2012 The latest edition of the ICMA quarterly report is now available. Some of the topics in this quarterly report were discussed on 18 April during the Quarterly Briefing Call for ICMA Members (ICMA members only).

To download the report, click here.
ICMA ERC submits comments to ESMA on draft regulatory technical standards
2 April 2012 The ICMA ERC has submitted comments to ESMA, in relation to the ESA joint consultation paper on draft regulatory technical standards on risk mitigation techniques for OTC derivatives not cleared by a CCP under EMIR. 
To see the comments, click here.
ICMA AMIC ETF Working Group submits response to ESMA consultation paper

30 March 2012 The AMIC ETF Working Group has submitted a response to the ESMA consultation paper on guidelines for UCITS Exchange-Traded Funds and Structured UCITS.

To view the response, click here.
ICMAprimarymarkethandbook.jpg
ICMAmembersregister.jpg
ICMArulebook.jpg
ICMAlegalhelpdesk.jpg
ICMAgmra2011.jpg
ICMAgmralegalopinions.jpg

ICMA Executive Education

ICMA AGM & Conference 2012