The International Capital Market Association (ICMA), the International Swaps and Derivatives Association (ISDA) and The Bond Market Association (TBMA) announced the formation of the Global Capital Markets Board (GCMB). The Associations are creating this global board to provide a strategic vehicle for coordination, collaboration and transparency between the key organizations representing the capital markets regionally and world-wide.
The GCMB will be a forum for the exchange of ideas between the three participating Associations, significantly enhancing their ability to formally identify areas of common concern and interest in issues relating to the global capital markets. It will also facilitate the development of common industry positions on market, regulatory and legal issues, providing a unified voice on behalf of market participants.
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