Prime Services
Prime Services works to improve understanding of the prime services business by developing relationships with policymakers to shape policy.
The Prime Services division develops relationships with policymakers and regulators to enhance understanding of the prime services business and constructively shape the policy environment.
AFME staff work with teams of experts from member firms on projects ranging from informal discussion groups to formal responses to government consultations.
Priority issues
- AIFM Directive – to continue meetings and discussions with regulators, central banks, industry associations and stakeholders relating to legal and practical implications of implementation of the Alternative Investment Management Directive (AIFMD)
- Asset Segregation – to monitor, various legal and regulatory matters affecting the segregation of client assets, including AIFMD, the FCA CASS Rules, EMIR
- Shadow Banking –liaise with the AFME Shadow Banking group to monitor developments related to Prime Services, securities lending and collateral management
- Securities Law Legislation –monitor developments related to Prime Services, securities lending and collateral management
- To continue cooperation and discussions with other trade associations on Prime Services issues
Standard Forms and Documents
To access AFME’s Prime Services Standard Forms and Documents, visit our Industry Guidelines, Standard Forms and Documents page or click on the links below.
- Information Statement in accordance with Article 15 of the Securities Financing Transactions Regulation
- AFME Standard Form Plan of Distribution
- AFME Standard Form Book-Entry Delivery and Form - Option II
- AFME Standard Form Book-Entry Delivery and Form - Option III
- AFME Standard Form Notice to Investors
- AFME Standard Form Book-Entry Delivery and Form Option I
- AFME Standard Form Transfer Restrictions
- AFME Standard Form Agreement Among Initial Purchasers (English Law Version)
- AFME Standard Form Agreement Among Initial Purchasers (New York Law Version)
- AFME Recommended Market Practices Disclosure by Issuers of Non-Investment Grade Debt Securities
- AFME Recommended Listing Practices for Non-Investment Grade Debt Securities
Shadow Banking
Find out about AFME's work on Shadow Banking.
Board
Rupert Holmes
BAML
Vanessa Sharp
BAML
Paul Barham
BAML
Stuart Bourne
BAML
Divya Dattani
Barclays
Howard Staiano
Barclays
Jamal Khan
Barclays
Stephen Corderoy
BNP Paribas
Kate Lamburn
Credit Suisse
Alistair Clegg
Deutsche Bank
Jamie Russell
Goldman Sachs
Alex Mais
HSBC
Jeremy Ward
HSBC
Terry Minkey
HSBC
Alanna Lee
Morgan Stanley
Stephen Thompson
Nomura
James Treseler
Société Générale
Katryna Lee
UBS