Isda, ICMA and TBMA form joint capital markets body

February 13—Three capital markets associations are forming a joint body that aims to streamline industry-wide co-operation between the derivatives, securities and bond markets. The newly formed Global Capital Markets Board (GCMB) will develop a common policy on market, regulatory and legal issues.

The move brings together the International Capital Market Association (ICMA), representing investment banks and securities firms operating in the international capital markets; the International Sw

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