- Short-term markets :
- Repo markets
- Frequently Asked Questions on repo
- ERC contributions to public consultations
- Repo trading practice guidelines & documentation
- Credit claims
- Securities lending
- ICMA European repo market reports and white papers
- The impact of the Financial Transaction Tax on the European repo market
- Shadow banking and repo
- European repo market report
- European repo market white paper on short-selling and settlement failures
- Repo market surveys
- Global Master Repurchase Agreement (GMRA)
- ICMA GMRA Legal opinions
- FAQs for ICMA members
- Euro Commercial Paper
- Repo markets
- Primary markets :
- ICMA Primary Market Handbook (previously the IPMA Handbook) - Home
- Prospectuses, offerings and listings
- Periodic reporting / continuing obligations
- Market abuse
- Accounting and auditing
- Retail structured products
- Collective action clauses
- Dialogue with investors
- Bank capital
- Secondary markets :
- ICMA’s rules and recommendations for the secondary market
- MiFID Review
- Bond market transparency - wholesale & retail
- Short selling
- Asset management :
- Covered Bonds
- Money market funds
- Hedge funds
- Managing client expectations
- Corporate Governance
- Valuation of illiquid assets
- Specific regulatory issues
- Exchange-Traded Funds (ETFs)
- AMIC Solvency II Working Group
- ICMA Private Wealth Management Charter of Quality
- Market infrastructure :
- European Commission’s Expert Group on Market Infrastructure (EGMI)
- Code of Conduct on Clearing and Settlement
- CPSS/IOSCO Principles for Financial Market Infrastructures
- European Market Infrastructure Regulation (EMIR)
- Harmonisation of Securities Law
- Settlement Regulation
- TARGET2-Securities and CCBM2
- New Global Note (bearer notes)
- New Safekeeping Structure (registered notes)
- Legal :
- Collateral Initiatives Coordination Forum :
- ICMA Quarterly Report :
- Other projects :
Conciliation and arbitration proceedings are available to members and other interested parties with regard to disputes arising out of transactions in international securities regulated by ICMA as well as disputes between a member and the Association in respect of certain matters arising out of ICMA's statutes, by-laws, rules and recommendations.
The purpose of conciliation proceedings is to reach an amicable, swift and cost-efficient settlement of a dispute.
If the parties to a dispute formally agree to submit it to conciliation, ICMA assigns a member of its panel of conciliators as conciliator to the case. The members of this panel are persons of high integrity with wide experience of the international capital market. They are appointed by ICMA's executive committee on an annual basis.
The place of the conciliation proceedings is to be agreed upon by the parties, failing which it is determined by the conciliator.
The conciliator hears the case and then recommends a settlement proposal to the parties. Following a settlement, or, if no settlement can be reached, the conciliator closes the conciliation proceedings and notifies ICMA and the parties accordingly.
The costs of conciliation proceedings, including the remuneration of and the costs incurred by the conciliator as well as ICMA, are normally borne in equal parts by the parties concerned.
The purpose of arbitration proceedings is to resolve a dispute by a formal award of the court of arbitration.
If the parties to a dispute formally agree to submit it to arbitration, following an unsuccessful attempt to resolve it through ICMA's conciliation proceedings, ICMA assigns three or five members of its panel of arbitrators to the case. The members of this panel are persons of high integrity with wide experience of the international capital market or with other relevant professional qualifications. They are appointed by ICMA's executive committee on an annual basis.
The seat of the court of arbitration is Zurich, Switzerland. The place where the court of arbitration holds its sessions is determined by the court.
The award rendered by the court of arbitration is binding upon the parties and is subject to challenge in a court of law based on limited grounds only.