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ICMSA Policy for the appointment of IPAs in relation to Programme based Issuances

The ICMSA recommends the issuer ensures that only one principal IPA is acting for issues primarily deposited with the ICSDs and if required, only one domestic IPA, per domestic market, should be handling local issuances.

The ICMSA seeks to draw attention to a number of problems arising in relation to the appointment of several IPAs for programme based issuances. Download file
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