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Who are we

SASLA, the South African Securities Lending Association, is an industry forum designed to represent the common interests of the securities lending industry in South Africa. SASLA assists in the orderly, efficient and competitive development of the South African securities lending market. In this regard, SASLA works closely with regulators and has representation on several market committees. SASLA has been instrumental in a number of major market initiatives, including the development of the SA Securities Lending Code of Guidance and the Schedule to the Global Master Securities Lending Agreement (GMSLA). Today, SASLA has over 20 members comprising banks, insurance companies, pension funds, asset managers and service providers.

The International Securities Lending Association (ISLA) is the international trade association established in 1989 to represent the common interests of all participants in the securities lending industry.
ISLA has contributed to a number of major market initiatives, including the industry-standard lending agreement, the Global Master Securities Lending Agreement (GMSLA). Both important and informative industry documentation can be found on their website. Simply click on their logo above, or the link below to be directed to their website. http://www.isla.co.uk/

OUR MISSION

SASLA shall strive to achieve the following objectives:

to promote the lending and borrowing of South African securities;
to safeguard the integrity of the industry in South Africa and abroad;
to encourage the reform of tax and other legislation for the benefit of the industry;
to assist in the orderly, efficient and competitive development of business and to this end establish standards and guidelines for good working practices;
to encourage an exchange of ideas and information;
to liaise with regulators, government and other agencies to increase their awareness and understanding of the industry and to assist in the development of appropriate regulation for the industry;
to cooperate with industry bodies in other countries or internationally in matters of common interest;
to promote awareness of future challenges and opportunities for securities lending.

South Africa has the 27th biggest economy in the world, with a Gross Domestic Product (GDP) of US $254 billion (World Bank)

South Africa accounts for almost 25% of the GDP of the entire African continent, with an economy more than twice the size of the second biggest – Algeria (World Bank)

The JSE is currently ranked the 19th largest stock exchange in the world by market capitalisation and the largest exchange in the African continent.

Who are we

OUR MISSION

Facts about South Africa