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Glossary
ISLA

The International Securities Lending Association (ISLA) is a leading non-profit industry association, representing the common interests of securities lending and financing market participants across Europe, Middle East and Africa.
ISLA News
Generic business image for news article Industry
BSF Capital joins ISLA

Headquartered in Riyadh, BSF Capital is a financial services provider and the investment arm of BSF, a banking institution in the Kingdom of Saudi Arabia
Generic business image for news article People moves
ISLA names O’Donnell as COO

Stephen O’Donnell joins ISLA from BNY, where he spent four years as EMEA head of sales and relationship management for global collateral and global clearing
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ISLA welcomes OCBC as new member

Headquartered in Singapore, Oversea-Chinese Banking Corporation is the second largest financial services group in Southeast Asia by assets
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ISLA publishes new Digital Bond Annexes

The newly published Digital Bonds Annexes enable a broader suite of digital asset classes to be covered by the GMSLA, meeting ISLA member demand
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SEC issues interpretive relief on Rule 15c3-3

In the new exemptive order, the SEC allows broker-dealers to pledge baskets of liquid equity securities as collateral when borrowing equity securities from customers under a ‘fully-paid borrow’
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SASLA: ISLA advocates for South Africa

Opening the South Africa Securities Lending and Collateral Management conference, ISLA CEO Ina Budh-Raja reviewed the global market and developments within South Africa
Generic business image for news article People moves
ISLA promotes Mahmood

Following more than six years at the International Securities Lending Association, Farrah Mahmood will now head Advocacy, Public Policy & Regulatory Strategy
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ISLA publishes updated UK Tax Addendum

The 2026 version updates the 2014 UK Tax Addendum for the Global Master Securities Lending Agreement