PASLA is excited to host the third webinar in our series as we take a dive into the world of technology. 

Our panel of experts will discuss the ways in which ever changing technology is shaping the securities lending landscape globally and consider the challenges facing its adaptation in the diverse and fragmented markets across Asia. How will fintech support trading and liquidity solutions within this high growth region?  Will blockchain or digital ledgers provide the transparency and traceability that market participants are eager to incorporate into their workflow? The panel will consider these and other topical issues in a lively discussion that will be followed by a Q&A session.

Click on the "Read More" button below to register.

We would like to thank our Gold Sponsors BNY Mellon, Equilend and Morgan Stanley for their support for the webinar series and Broadridge and wematch for their support for this event.

We are pleased to share the Autumn edition of the PASLA newsletter that provides a summary of PASLA's recent activities and achievements to date as well as our future areas of focus.

A number of associations representing the majority of global securities lending market participants today announced that they had formed a group to facilitate collaboration and better coordinate their efforts. The global group, which first met in July, will collaborate on global priorities such as the integration of environmental, social and governance (ESG) factors in securities lending programmes and advocating the benefits of transparent and regulated short-selling to liquid and sustainable capital markets.

Building on inter-association coordination to develop the Global Framework for ESG and Securities Lending (GFESL), which was released in May, the group aims to develop a more collective approach to matters of global relevance for securities lending. Through sharing resources, insights and experiences, it also seeks to enable more impactful engagement with regulators, exchanges and other standard-setting bodies in all regions.

The founding members of the group are the:

       §  Canadian Securities Lending Association (CASLA)

§  International Securities Lending Association (ISLA)

§  Pan Asia Securities Lending Association (PASLA)

§  Risk Management Association (RMA)

§  South African Securities Lending Association (SASLA)

All recognised securities lending associations and other financial markets associations with an interest in securities lending are welcome to join the group, which will meet virtually on a quarterly basis.

Among its first actions, the group is building a library of ESG resources that draw on the work of different associations. This will be curated to reflect the rapid evolution of ESG in securities lending and made available on each association’s website. The group will also be working together to develop ESG guidelines and thought leadership in areas such as stewardship, voting rights, collateral and transparency in the lending chain, while recognising that sustainable finance regulation and market practice are at different stages of development in different geographies.

“Participants in the securities lending market have global reach and global priorities,” said Paul Solway, Director and Communications Officer at PASLA. “The industry needs to work together to advance our shared priorities. There are real differences between regions and even markets within a region, but we can all learn from others in seeking to implement best practice. We want to ensure that securities lending increases returns for lenders, supports liquidity and price discovery, and contributes towards more sustainable financial markets. This group is a great way to pursue those goals together.”