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ICSA names René Karsenti chairman

28 October 2009  |  1512 views  |  0 Source: International Council of Securities Associations

The International Council of Securities Associations (ICSA) today announces the appointment of René Karsenti, President of the International Capital Market Association (ICMA), as its Chairman.

ICSA is composed of trade associations and self-regulatory organizations that collectively represent and/or regulate the vast majority of the world's financial services firms on both a national and international basis.

In his role as Chairman of ICSA, Mr. Karsenti will chair ICSA's Advisory Committee, act as a spokesman for ICSA on strategic and policy issues and represent ICSA in dealings with international regulators and other national and international entities. Mr. Karsenti takes over the role from Jonathan Taylor, Director General of LIBA.

ICSA is the pre-eminent organization bringing together trade associations and self-regulatory organizations for the securities industry from all parts of the globe and as such has a unique role to play in the current regulatory and market environment.

ICSA's objectives are to encourage the sound growth of the international capital market by promoting and encouraging harmonization and, where appropriate, mutual recognition in the procedures and regulation of that market; and to promote mutual understanding and the exchange of information among ICSA members.

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