ICMA - International Capital Market Association

Capital MarketsZurich, Switzerland51-200 Employees

ICMA functions as the trade association for the international capital market, connecting more than 630 member firms from 71 jurisdictions, including issuers, banks, asset managers, central banks, infrastructure providers and law firms. It develops industry-driven standards and guidance for issuing, trading and settling international fixed income and related instruments, supporting market participants in operating with consistency. The organization engages closely with regulatory and governmental authorities at national and supranational levels to help ensure that financial regulation promotes market efficiency and cost effectiveness.

Based in Zürich, in the Zurich region of Switzerland, ICMA concentrates on three core fixed income areas—primary markets, secondary markets and repo and collateral—while also addressing sustainable finance and fintech and digitalisation. Its global membership and ongoing regulatory liaison underscore its role as a standard setter and facilitator of market practice. In 2026, the ICMA Future Leaders FinTech Working Group published Bond Data Taxonomy version 2.0, reflecting broader market adoption.

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