International Capital Market Association
Recent meetings
| Date | Commissioner / Cabinet | Topic | File |
|---|---|---|---|
| 16 Mar 2026 | Andrea Beltramello Head of Unit | Savings and Investment Union | — |
| 16 Mar 2026 | Andrea Beltramello Head of Unit | Savings and Investment Union | SRC |
| 21 Jan 2026 | John Berrigan Director-General | Savings and Investments Union (SIU), Market Integration Package (MIP) | SRC |
| 21 Jan 2026 | John Berrigan Director-General | Savings and Investments Union (SIU), Market Integration Package (MIP) | — |
| 20 Jan 2026 | Cristina Dias Cabinet member | Discussion on the upcoming regulatory and supervisory priorities concerning the European Capital Markets | — |
| 20 Jan 2026 | Tatyana Panova Head of Unit | Discussion on some trading and post-trading issues | — |
| 20 Jan 2026 | Andrea Beltramello Head of Unit | Savings and Investments Union (SIU), bonds markets, Market Integration Package (MIP) | — |
| 20 Jan 2026 | Cristina Dias Cabinet member | Discussion on the upcoming regulatory and supervisory priorities concerning the European Capital Markets | SRC |
| 20 Jan 2026 | Tatyana Panova Head of Unit | Discussion on some trading and post-trading issues | SRC |
| 20 Jan 2026 | Andrea Beltramello Head of Unit | Savings and Investments Union (SIU), bonds markets, Market Integration Package (MIP) | SRC |
| 28 Oct 2025 | Elena Arveras Cabinet member | SFDR Review | SRC |
| 28 Oct 2025 | Elena Arveras Cabinet member | SFDR Review | — |
| 03 Jul 2025 | John Berrigan Director-General | Challenges for the EU repo market in relation to the forthcoming move to a shorter settlement cycle (T+1) | — |
| 03 Jul 2025 | John Berrigan Director-General | Challenges for the EU repo market in relation to the forthcoming move to a shorter settlement cycle (T+1) | SRC |
| 23 Jun 2025 | Cristina Dias Cabinet member | Settlement regime | SRC |
| 23 Jun 2025 | Cristina Dias Cabinet member | Settlement regime | — |
| 11 Jun 2025 | Emiliano Tornese Head of Unit | AMIC Steering Committee where the Commission was invited to discuss and exchange views on the macroprudential policy agenda for NBFIs and the SIU Consultation | SRC |
| 11 Jun 2025 | Emiliano Tornese Head of Unit | AMIC Steering Committee where the Commission was invited to discuss and exchange views on the macroprudential policy agenda for NBFIs and the SIU Consultation | — |
| 21 Feb 2025 | Helene Bussieres Head of Unit | Sustainable Finance Disclosure Regulation | — |
| 21 Feb 2025 | Helene Bussieres Head of Unit | Sustainable Finance Disclosure Regulation | SRC |
| 15 Jan 2025 | Lauro Panella Cabinet member | Upcoming regulatory priorities in capital markets with a focus on fixed income, especially the CMU/SIU and proposals how bond markets can help achieve the EU policy | — |
| 15 Jan 2025 | John Berrigan Director-General | DG FISMA and ICMA priorities under the new mandate | — |
| 15 Jan 2025 | John Berrigan Director-General | DG FISMA and ICMA priorities under the new mandate | SRC |
| 15 Jan 2025 | Nicolo Brignoli Cabinet member | capital markets | — |
| 15 Jan 2025 | Nicolo Brignoli Cabinet member | capital markets | SRC |
Mission & Goals
ICMA promotes well-functioning cross-border capital markets, which are essential to fund sustainable economic growth. It is a not-for-profit membership association with offices in Zurich, London, Paris, Brussels, and Hong Kong, serving over 600 members in 70 jurisdictions globally. Its members include private and public sector issuers, banks and securities dealers, asset and fund managers, insurance companies, law firms, capital market infrastructure providers and central banks. ICMA provides industry-driven standards and recommendations, prioritising three core fixed income market areas: primary, secondary and repo and collateral, with cross-cutting themes of sustainable finance and FinTech and digitalisation. ICMA works with regulatory and governmental authorities, helping to ensure that financial regulation supports stable and efficient capital markets. ICMA Mission Statement : www.icmagroup.org/About-ICMA/mission
EU Legislative Interests
ICMA focuses on market practice and regulatory policy as a trade association with a global and pan-European focus. Main EU initiatives, policies and legislative files currently followed by ICMA include (list not exhaustive): - Capital Markets Union (CMU) / Savings and Investment Union (SIU) including Retail Investment Strategy (RIS) - CRR/CRD, which includes leverage ratio, NSFR & FRTB; - Investment Firm Review (IFR); - Prospectus Regulation implementation and revision; - Securitisation “STS” Regulation implementation; - Securities Financing Transactions Regulation (SFTR) implementation; - MiFID II / MiFIR implementation and review, particularly including non-equities' consolidated tape and transparency; - CSDR implementation, especially issues around settlement discipline; - Benchmarks Regulation and the transition to new near risk-free rates; - MAD II / MAR; - AIFMD / UCITS, ELTIF, including fund risk considerations and NBFI; - Covered bonds directive and regulation & non-covered bond dual-recourse instruments (ESNs); - EMIR Review, particularly the implementation of the small financial counterparty (SFC) regime; - Wholesale CDBC; - Developments and regulation around sustainable finance / green & social bonds; - FinTech & Digital developments; - EU-UK relationships - Global geopolitical and macro-economic developments
Communication Activities
ICMA publishes a Quarterly Report which contains all the relevant activities undertaken by ICMA and its member committees available on www.icmagroup.org/market-practice-and-regulatory-policy/Regulatory-Policy-Newsletter/ as well as other thought leadership pieces www.icmagroup.org/media-and-market-data ICMA organises events www.icmagroup.org/events and training and certification courses www.icmagroup.org/executive-education
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
ICMA is - an affiliate member of the International Organization of Securities Commissions (IOSCO) and accordingly is a member of the IOSCO Affiliate Members Consultative Committee (AMCC: https://www.iosco.org/about/?subsection=display_committee&cmtid=2); and - a member of the International Council of Securities Associations (ICSA) comprising a number of important trade associations and non-governmental regulatory organisations (https://icsa.global/). - a member of ECMI https://www.ecmi.eu and QED https://www.qed.eu/ - a member of the EPFSF www.epfsf.org - an observer to PCS www.pcsmarket.org
Organisation Members
ICMA currently has over 600 members in more than 70 jurisdictions. The full list of ICMA Member and affiliate entities is publicly accessible and can be found at https://www.icmagroup.org/membership/List-of-principal-delegates-2/
Connected Legislation