Tag Archives: ICSA

A Sea Change in Thinking at the EU Parliament and Commission (IIAC Blog)

A Sea Change in Thinking at the EU Parliament and Commission (IIAC Blog)

In May, I attended the International Capital Market Association (ICMA) AGM and Annual Conference in Dublin, Ireland in my capacity as Chair of the International Council of Securities Associations (ICSA) and as President and CEO of the IIAC. Over 1,000 international delegates from the financial community came together to discuss developments in global capital markets and financial regulation.

I discuss some of the overarching themes of the conference in my June Letter from the President.

The increasing regulatory burden was front and centre at the conference. There is a general view that the large amount … Continue reading

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Ian Russell Re-Appointed Chair of the International Council of Securities Associations (IIAC Blog)

Ian Russell Re-Appointed Chair of the International Council of Securities Associations (IIAC Blog)

I am honoured that I have been re-appointed Chair of the International Council of Securities Associations (ICSA) for a one-year term at its Annual General Meeting in Stockholm, Sweden.

I view this as a strong opportunity to raise awareness of not only ICSA’s role in promoting efficient and well-functioning securities markets and the efficient flow of cross-border capital, but to elevate the profile of the Canadian securities industry and our capital markets as well.

At the ICSA AGM, members discussed issues and initiatives on topics including market liquidity, culture and conduct, cross border regulation, and cybersecurity. … Continue reading

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Call for Evidence on EU Regulatory Framework for Financial Services (IIAC Blog)

Call for Evidence on EU Regulatory Framework for Financial Services (IIAC Blog)

Since the Global Financial Crisis there have been 48 pieces of European Union legislation in financial services and many more delegated and implementing acts. Some rules have yet to be fully implemented and much detail still to be finalised.

The European Commission launched consultations and requested stakeholders submit evidence on how rules: 1) affect the ability of the economy to finance itself and grow; 2) result in unnecessary regulatory burdens; 3) interact and create inconsistencies in the rules framework; and 4) give rise to unintended consequences.

In launching the Call for Evidence, the Commission has not … Continue reading

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International Council of Securities Associations Launches New Website (IIAC Blog)

International Council of Securities Associations Launches New Website (IIAC Blog)

In addition to serving as President and CEO of the Investment Industry Association of Canada (IIAC), I am also honoured to serve as Chairman of the International Council of Securities Associations (ICSA).

ICSA is the global organization of securities industry associations representing securities firms operating in domestic and cross-border markets across the globe, including North America, Europe, East and West Asia, and Latin America. A complete list of ICSA members can be found here.

ICSA advocates appropriate regulatory reform and public policy initiatives across jurisdictions to promote efficient and well-functioning securities markets and the efficient … Continue reading

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