Observers of Global PSSL market standard
The current observers are:
The Financial Conduct Authority
The current media observers are:
Securities Finance Times (represented by Editor Drew Nicol and Managing Director Justin Lawson)
Observers – regulators, international organisation, think tanks
Terms of reference
Global PSSL CIC is keen to demonstrate its commitment to transparency and accountability by introducing a permanent position for observers of the Global Principles for Sustainable Securities Lending market standard.
We would encourage such an appointment from representatives of relevant international organisations, NGOs, think tanks, or financial regulators (in personal or organisational capacity). The observer’s position is negotiated directly with Dr Radek Stech.
As an observer, you will be invited to attend Global PSSL (market standard) development meetings, you will also have the opportunity to speak with Dr Radek Stech when required. You will therefore play an important role in helping Dr Stech ensure impartiality and community interest in co-creating this global market standard. However, you will have no direct impact on the Global PSSL and must remain impartial. You will not be asked to pay for the observer status.
You can cease to be an observer by contacting Dr Radek Stech at any time.
As an observer, you can also choose to be a more active participant in focussed workstreams run by Global PSSL CIC. Such workstreams are separated from the main work on the Global PSSL market standard and aim at providing underlying evidence base for sustainable securities lending/sustainable finance. Such workstreams are long-term activities and offer an opportunity to push the boundaries of the sustainable finance agenda.
Terms of reference
There will be a distinct category of media observers to accommodate agents of the free media.
The media observer is expected to help managing the community interest through impartial reporting on the progress and evolution of Global PSSL. They will be invited to attend the closing stages of development meetings. This partial attendance is suggested at this stage so that regular attendees can speak freely while decisions are being made.
The media observer will also be granted regular access to the Global PSSL CEO and the opportunity to conduct extended interviews of relevant topics.
In return for this level of access, Global PSSL requests that the Media Observers commit to impartial reporting of facts and demonstrate a mature observation of ethical journalism.
You will be named as a Media Observer on the gpssl.org website.