BACKGROUNDThe Treasury Markets Association (TMA) was incorporated through the institutionalisation of the Treasury Markets Forum of Hong Kong and the merger with ACI-The Financial Markets Association of Hong Kong in 2005. Principal functions of the TMA include promoting co-operation and synergy among market practitioners with a view to enhancing professionalism and the overall competitiveness of the treasury markets in Hong Kong, thereby maintaining the role as an international financial centre.MISSIONThe mission of the Treasury Markets Association (TMA) is to further promote the professionalism and competitiveness of the treasury markets in Hong Kong through the following functions: • Developing appropriate codes and standards for the treasury markets • Promoting market and product development • Enhancing the professionalism of market practitioners • Promoting Hong Kong as the preferred hub for treasury market businesses in the Asia Pacific region