European Corporate Debt Private Placement Market Guide
Published: October 2016
The Counterparty Gap
A study for the ICMA European Repo and Collateral Council on the trade registration models used by European central counterparties for repo transactions
Published: September 2016
Author: John Burke
MiFID II/R Fixed Income Best Execution Requirements RTS 27 & 28
Published: September 2016
Author: Andy Hill, ICMA
Guide to infrastructure financing in Asia
Published: 31 August 2016
Author: ASIFMA and ICMA
Remaking the Corporate Bond Market: ICMA’s 2nd Study into the State and Evolution of the European Investment Grade Corporate Bond Secondary Market
Published: 6 July 2016
Author: Andy Hill, ICMA
Further thoughts on the ECB’s Corporate Sector Purchase Programme
A briefing note by the ICMA IG Corporate Bond Secondary Market Practices Committee
Published: 27 April 2016
Author: Andy Hill, ICMA
ECB Corporate Sector Purchase Programme
The potential impact on European corporate bond market liquidity
A briefing note by the ICMA IG Corporate Bond Secondary Market Practices Committee
Published: 21 April 2016
Author: Andy Hill, ICMA
Evolutionary Change: The future of electronic trading in European cash bonds
Published: 20 April 2016
Author: Elizabeth Callaghan, ICMA
Managing fund liquidity risk in Europe - an AMIC/EFAMA report
Published: April 2016
Authors: ICMA Asset Management and Investors Council (AMIC) and European Fund and Asset Management Association (EFAMA)
Briefing note
Impacts of the ECB’s Corporate Sector Purchase Programme
Published: 15 March 2016
Author: Andy Hill, ICMA
Regulatory initiatives on the identification and reporting of SFTs: An overview
Published: 4 March 2016
Author: Alexander Westphal, ICMA
CSDR Mandatory Buy-ins:
An illustration of the problems arising from the asymmetric treatment of the payment of the buy-in or cash compensation differential
Published: March 2016
Author: Andy Hill, ICMA
Market Abuse Regulation: Investment Recommendations
An ICMA Q&A
Published: March 2016
Author: Andy Hill, ICMA
Joint Position Paper
Investors and issuers unite to support Simple, Transparent and Standardised securitisation
Published: March 2016
Authors: ICMA, the Association for Financial Markets in Europe (AFME), the European Fund and Asset Management Association (EFAMA), and Insurance Europe
MiFID II/MiFIR – Transparency & Best Execution requirements in respect of bonds
Presentation
Published: March 2016
Author: Elizabeth Callaghan, ICMA
Presentation for the ICMA aged-fails auction initiative
Published: February 2016
Authors: Andy Hill, ICMA and Alexander Westphal, ICMA
T2S Wave 1 – Review and Request for Action Following Migration of Italian Market to T2S
Published: 20 January 2016
Authors: AFME and ICMA
ICMA responded to the European Commission’s Call for Evidence: EU regulatory framework for financial services. To view the response, click here.
Published: January 2016
Click here to read ICMA’s Paul Richards article on ‘Assessing Capital Markets Union’ from the ICMA Quarterly Report First Quarter 2016.
Perspectives from the Eye of the Storm: The Current State and Future Evolution of the European Repo Market
Published: 18 November 2015
Author: Andy Hill, ICMA
Practices and procedures in the Chinese and international primary debt capital markets
• English version
• Bilingual version (prepared by NAFMII)
Published: September 2015
Authors: NAFMII and ICMA
ASIFMA–ICMA Guide on Repo in Asia
Published: August 2015
Authors: ASIFMA and ICMA
TARGET2-Securities: Observations relating to Monte Titoli and the repo product
Published: 10 August 2015
Author: Nicholas Hamilton, JP Morgan and Chair of ICMA ERC Operations Group
Buy-ins, how they work, and the challenge of CSDR
An ICMA briefing note
Published: July 2015 (updated)
Author: Andy Hill, ICMA
MiFID II/R: Systematic Internalisers
A ‘Q&A’ for bond markets
Published: July 2015
Author: Andy Hill, ICMA
MiFID II/R: Systematic Internalisers for bond markets
A briefing note
Published: July 2015
Author: Andy Hill, ICMA
Guide to infrastructure financing – bank loans, debt private placement and public bonds – smoothing the pathway for effective funding
Published: June 2015
Authors: AFME and ICMA
ICMA Corporate Issuer Forum (CIF) response to ESMA’s ‘Call for Evidence Competition, Choice and Conflicts of Interests in the credit rating industry
Published: March 2015
ICMA Impact Study for CSDR Mandatory Buy-ins
Published: 24 February 2015
Author: Andy Hill, ICMA
The Pan-European Corporate Private Placement Market Guide
Published: February 2015
Author: Pan-European Private Placement Working Group, a cross-industry working group led by ICMA
The Current State and Future Evolution of the European Investment Grade Corporate Bond Secondary Market: Perspectives from the Market
Published: 25 November 2014
Author: Andy Hill, ICMA
The impact of T+2 settlement on the European repo market
A report by the ICMA European Repo Council’s Operations Group
Published: August 2014 (updated 16 September 2014)
Author: ICMA European Repo Council’s Operations Group
Continually Working to Develop Efficient and Effective Collateral Markets
ERC Occasional Paper
Published: 4 September 2014
Author: David Hiscock, ICMA
CSDR Mandatory Buy-ins and the treatment of SFTs
An ICMA-ERC Briefing Note
Published: September 2014
Author: Andy Hill, ICMA
Covered Bond Pool Transparency: the Next Stage for Investors
Published: 21 August 2014
Author: Prepared for ICMA by Richard Kemmish Consulting Ltd
Collateral is the New Cash: The Systemic Risks of Inhibiting Collateral Fluidity
Published: 3 April 2014
Author: Andy Hill, ICMA
Cola Working Group (CWG): Comments and findings on NIBC conditional pass-through
Published: February 2014
Author: Cola Working Group (CWG) of the ICMA AMIC Covered Bond Investor Council (CBIC)Avoiding Counterproductive Regulation in Capital Markets: A Reality Check
Published: 29 October 2013
Author: Timothy Baker, Senior Adviser to ICMA
ICMA European Repo Council White Paper
Enhancing the transparency of the European repo market
Published: 16 October 2013
Author: ICMA European Repo Council
Collateral Damage: the Impact of the Financial Transaction Tax on the European Repo Market and its Consequences for the Financial Markets and the Real Economy
Published: 8 April 2013
Author: Richard Comotto, ICMA Centre
Economic Importance of the Corporate Bond Markets
Published: 8 April 2013
Author: Timothy Baker, Senior Adviser to ICMA
Inter-jurisdictional Regulatory Recognition: Facilitating Recovery and Streamlining Regulation
Published: 18 June 2012
Author: EU-US Coalition on Financial Regulation
Repo: guilty notwithstanding the evidence?
Published: April 2012
Author: Richard Comotto, ICMA Centre
Shadow banking and repo
Published: 20 March 2012
Author: Richard Comotto, ICMA Centre
Haircuts and initial margins in the repo market
Published: 8 February 2012
Author: Richard Comotto, ICMA Centre
ICMA Asset Management and Investors Council – ETF Working Group Report
Published 26 September 2011 by the ETF Working Group of the ICMA Asset Management and Investors Council
The interconnectivity of central and commercial bank money in the clearing and settlement of the European repo market
Published 14 September 2011 by Richard Comotto, ICMA Centre
An update on reform of market infrastructure in Italy and Greece since the ERC white paper of 13 July 2010
Published 25 March 2011 by Richard Comotto, ICMA Centre
An update on reform of market infrastructure since the ERC White Paper of 13 July 2010
Published 17 December 2010 by Richard Comotto, ICMA Centre
A white paper on the operation of the European repo market, the role of short-selling, the problem of settlement failures and the need for reform of the market infrastructure
Published 13 July 2010 by Richard Comotto, ICMA Centre
Money Market Funds in Europe
Published in 2009 by the ICMA Asset Management and Investors Council (AMIC)
Financial crisis guide
Published in 2009 by IFLR in association with ICMA and SIFMA
Bond Markets 2009
Published by International Financial Services London
Mutual Recognition, Exemptive Relief and “Targeted” Rules’ Standardisation:
The Basis for Regulatory Modernisation
Published 1 April 2000 by EU-US Coalition on Financial Regulation
Managing Client Expectations
Published in 2008 by ICMA Asset Management and Investors Council (AMIC)
Russian corporate bond markets
Produced by the National Securities Market Association (NSMA), published 2006.
Europe's Hidden Capital Markets
by Jean-Pierre Casey, Karel Lanoo, Centre for European Policy Studies
Published by Centre for European Policy Studies November 2005
Building a Transatlantic Securities Market
by Benn Steil, Council on Foreign Relations
Published December 2002
Derivatives and Public Debt Management
by Gustavo Piga
Published November 2001 In cooperation with the Council on Foreign Relations
Patenting Finance: Financing Patents
by Julian Walmsley, ISMA Centre
Published February 2001
Bond Markets: Structures and Yield Calculations
by Patrick J Brown
An ISMA Publication in association with GDP
© 1998 International Securities Market Association
