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The International Capital Market Association (ICMA) is pleased to announce that it has recently welcomed eight international firms as new members of the Association. These new members join ICMA’s diverse existing global membership representing capital market participants and other constituencies including asset managers, law firms, central banks, exchanges and professional advisors. ICMA’s new members are:
- Association des marches de Taux en Euro (AMTE), Paris
- Berwin Leighton Paisner LLP, London
- Cleary Gottlieb Steen & Hamilton LLP, London
- IW Bank S.p.A., Milan
- JSB Gazprombank (CJSC), Moscow
- LCH.Clearnet, London
- Sidley Austin LLP, London
- White & Case LLP, London
According to Alexei Obozintsev, a deputy CEO of Gazprombank, ICMA membership is important from the standpoint of expansion of the international operations, planned by the bank.
John Burke, Director of Fixed Income, LCH.Clearnet said “The LCH.Clearnet Group is particularly pleased to be joining ICMA, which is a truly professional trade association with constituents and practitioners in the international capital market worldwide and where a significant number of our clearing members are being represented.” He added, “This Associate ICMA Membership is an important step for LCH.Clearnet in terms of linking in to a centre of capital market expertise, that will undoubtedly benefit LCH.Clearnet and its members from the excellent services ICMA provide.”
International Capital Market Association (ICMA)The International Capital Market Association is the self-regulatory organisation and trade association representing constituents and practitioners in the international capital market worldwide. ICMA's members are located in 48 countries across the globe, including all the world's main financial centres, and currently number some 400 firms in total.
ICMA performs a central role in the market by providing and enforcing a self-regulatory code of industry-driven rules and recommendations which regulate issuance, trading and settlement in international fixed income and related instruments. ICMA liaises closely with regulatory and governmental authorities, both at the national and supranational level, to ensure that financial regulation promotes the efficiency and cost effectiveness of the capital market.
ICMA is unique amongst financial industry associations in that it represents a broad range of capital market interests, its members include both global investment banks and smaller regional banks, as well as asset managers, exchanges, central banks, law firms and other professional advisers, making it an influential voice for the global market. www.icmagroup.org
