ICMA European Repo Council Annual General Meeting

The ICMA European Repo Council (ERC) is the industry representative body that fashions consensus solutions to emerging, practical issues that can develop in the rapidly evolving European repo market. The ERC has sought to consolidate and codify best market practice and to this end has published a comprehensive Guide to Best Practice in the European repo market. The Global Master Repurchase Agreement is also the most predominantly used standard master agreement for repo transactions in the cross border repo market.