ICMA is the representative body and voice for all capital market constituencies with a European focus. It seeks to unify currently fragmented industry representation, at European level through the European Financial Markets Federation (EFMF) and collaboration through the Global Capital Markets Board (GCMB) at global level.

ICMA promotes the development and efficient functioning of the global capital markets through:

*Development and maintenance of high standards of market practice

*Fostering appropriate levels of regulation

*Educating market participants and others through training and research

*Facilitating communication and establishing information forums
 

Development and maintenance of high standards of market practice through:

*Self regulatory framework i.e. rulebook

*Standardised documentation, master agreements and legal opinions

*Collaboration with other associations through the Global Capital Markets Board (GCMB) and the European Financial Markets Federation (EFMF)

*Co-ordination and support for industry working groups and committees

Fostering appropriate levels of regulation

*Advocacy to regulatory and legislative bodies and governments

*Informing members of legislative and regulatory developments
 

Provision of educational and research services

*Executive training courses

*Development of industry-recognised academic qualifications through a network of universities across Europe

*Sponsorship and dissemination of research
 

Facilitating communication and establishing information forums

*Facilitation of communication between members

*Gathering and dissemination of information on key market issues to members and the market

*Organisation and sponsorship of conferences and seminars

*Informing the wider constituency of media, government and general public about role of capital markets in global economic development