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Isla releases tri-party collateral services guide
12 September 2013
To help depositories meet the new Esma guidelines
tri-party collateral services
The International Securities Lending Association (Isla) has published a guide to using tri-party collateral services.
The guide is aimed at helping depositories set up these services under the new European guidelines for exchange traded funds and other Ucits issues.
The guidelines were introduced by the European Securities and Markets Authority (Esma) this year and come into full force next February.
Global Investor/ISF investigates the implementation of the new guidelines in the September issue.