PASLA was incorporated in Hong Kong in 1995 and is made up by an association of firms that are active in the business of borrowing and/or lending securities of Asian markets. As of end of 2020, PASLA has 64 member firms who are domiciled across five continents. PASLA Membership is open to both "international" firms, which are active in several markets, and "local" firms, which are active primarily in their home market. PASLA's aims are to:
• To represent the common interests of institutions engaged in the lending or borrowing of securities in the Asian and International securities lending markets.
• Assist in the orderly, efficient and competitive development of these markets.
• Establish agreed global standards and good working practices taking into account local regulations.
• Liaise with Regulators and other organisations to promote and develop appropriate regulatory frameworks for the industry.
• To develop and maintain a standardised legal agreements for use in the securities lending industry.
PASLA Executive Committee meets as and when required, the meetings are open to the General Membership. Meetings are held in Hong Kong and members from other countries can be conferenced in upon request.
The suspension will take effect from today [Thursday, 11 July] and follows the China Securities Regulatory Commission’s decision to raise margin requirements for short sellers
Having attended the PASLA Conference in Singapore earlier this month, Carmella Haswell provides a roundup of major findings from the Association's key industry discussions
Paul Solway, communications officer at PASLA and BNY Mellon’s head of securities finance for Asia, speaks to Carmella Haswell about the opportunities presented across the APAC market, PASLA’s focus for 2023 and how Q1 is shaping up for the industry
Paul Solway, director and communications officer at PASLA, speaks to SFT about standout events during 2021, the focus of the Association’s development activities and securities lending markets to watch during 2022
Delegates down under gathered at this year’s PASLA/RMA conference in Sydney where hot topics included technology and forecasts for securities lending in APAC, as well as regional updates in this space
Stuart Jones and Jane Wagner, PASLA/RMA conference co-chairs, discuss what delegates can expect from this year’s event and what the association will be working on over the next 12 months