Welcome

Securities borrowing and lending is a very competitive business. While individual firms involved in the business may have their own unique marketing and business development strategies in Asia, the member firms believe that PASLA, as a collective group of major firms in the industry, provides an important benefit to Asian securities regulators, stock exchanges, and monetary authorities by providing an "industry consensus" on issues that affect the development of the securities lending business.

Read "An Introduction to Securities Lending" click the following link ....

Headlines

TAIWAN: Cash Collaterals for Stock Borrowing and Lending (SBL) May Be Restricted to USD Only (09 Mar 2010)

AUSTRALIA: Delay to Commencement of Short Selling Disclosure Reporting (08 Mar 2010)

AUSTRALIA: ASLA Newsletter (08 Mar 2010)

PHILIPPINES: Deferral of Implementation of Guidelines on Safeguards Against SBL Violations and Expected Minimum Response by Trading Participants (08 Mar 2010)

HONG KONG: SFC publishes consultation conclusions on increasing short position transparency (02 Mar 2010)

HONG KONG: Admission of one additional security to the list of designated securities for short selling (22 Feb 2010)

Events

PASLA & RMA'S 7th Annual Securities Lending Conference 2010

The conference, held 2nd to 4th March 2010 at the JW Marriott in Hong Kong, drew over 250 delegates representing institutions from Asia, Europe, Australia and the United Sates.

Hope to see you next year in Singapore, tentative date 8-10th March 2011.

The conference featured market updates presented by panelists and regulators from Malaysia, Taiwan, Australia, Japan, Hong Kong, and South Korea, there were panels on Indian securities lending and borrowing perspectives, IOSCO and global regulatory updates, issues in tri-party agreements, the growing importance of ETFs, fixed income lending, and the Industry Leaders Panel which included the chairs of the major securities lending associations from around the world. In addition, an update of PASLA’s activities over the past year was given by the PASLA chair Larry Komo of Citi. We were also delighted to have Marc Faber of Marc Faber Limited and the publisher of the Gloom, Doom and Boom Report give the keynote address on the volatility of markets and new paradigms for risk management.

Click on the links below for the presentations that were given at the conference.