Capital markets bodies form single association

The ICMA, BMA and Isda are joining forces to create the Global Capital Markets Board

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 Bond Market Association; and the

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