The general meeting of ICMA’s European repo council (ERC) is to be held Wednesday, September 21, 2005, 15.30 at the Centre de confrence Europen, 1 rue Fort Thngen, L-1449 Luxembourg-Kirchberg.
At the meeting, ICMA will unveil the results of the group’s 9th semi-annual European repo market summary.
Other items on the agenda of the gathering include, ICMA’s chief executive report regarding the ISMA/IPMA merger, and updates on GMRA related matters, FONIA Swap Index Project, repo trade matching and the tax treatment of long-term repos.
Presentations include details of the activities of the European Commission’s Clearing and Settlement Advisory and Monitoring Expert Group (CEASME) and changes to the collateral framework of the European Central Bank.
Further, Eduard Cia will deliver two reports at the event, one on recommendations for a “Best Practice Guide to Repo Margining,” the other on settlement between the ICSDs and the German CSD.