Date: 26 April 2022


The ERCC’s bi-annual General Meetings provide a good opportunity for anyone with an interest in the European Repo Market to catch up on the latest market developments and related ERCC initiatives. 

The spring AGM was held once again in a virtual format. The compact two-hour event included a mix of keynote speeches and panel discussions. As part of the agenda, speakers took a closer look at the particular challenges that the buy-side is facing in relation to repo. Another key topic discussed was the increasing importance of digitisation in the repo market, focusing on ICMA’s two flagship projects in this space: ICMA’s Common Domain Model for repo and bonds as well as the GMRA Clause Library and Taxonomy project which ICMA is developing.

View the recording of the ICMA European Repo and Collateral Council (ERCC) Annual General Meeting

View pre-recorded updates on the latest ERCC initiatives:

42nd ICMA ERCC European repo market survey
Richard Comotto, Senior Adviser, ICMA
View webinar | Download presentation

Legal update
Lisa Cleary, Senior Director, ICMA
Listen to podcast

Repo and sustainability
Zhan Chen, Associate, Market Practice & Regulatory Policy, ICMA
Listen to podcast

(i) Basel Rules & (ii) CSDR Settlement Discipline
Andy Hill, Senior Director, ICMA
View webinar

SFTR update
Alexander Westphal, Director, ICMA
View webinar | Download presentation

ICMA ERCC Operations
Nicholas Hamilton, Executive Director, Global Operations Product Management in Prime Services, J.P. Morgan & ERCC Ops co-chair
James Upton, Commercial Services Director for Repo Clear, LCH Limited & ERCC Ops co-chair
Alexander Westphal, ERCC Secretary, ICMA
View webinar | Download presentation



  Welcome remarks
Bryan Pascoe, Chief Executive, ICMA
15:05   Introduction by the ERCC Chair
Gareth Allen, Managing Director, UBS

Klaus Löber, Chair of the CCP Supervisory Committee, ESMA
  Panel discussion: Repo buy-side challenges

Moderator: Andy Hill, Senior Director, ICMA

Charlie Badran, Head of AXA Financing, AXA Investment Managers
Vanaja Indra, Market and Regulatory Reform Director, Insight Investment
Roelof van der Struik, Senior Investment Analyst/-Manager, PGGM
16:15   Break
16:20   Focus session: Digital repo

Common Domain Model: supporting interoperability and automation in repo markets & Clearstream implementation for eligible collateral
Gabriel Callsen, Director, ICMA
Crispin Searle, Product Manager – Derivatives Collateral Management, Clearstream

The Foundations of Document Digitisation - the GMRA Clause Taxonomy and Library
Akber Datoo, CEO & Founder, D2 Legal Technology Ltd
17:00   Event Close
Godfried De Vidts, Senior Advisor, ICMA ERCC
ICMA Zurich
T: +41 44 363 4222
Dreikönigstrasse 8
8002 Zurich

ICMA London
T: +44 20 7213 0310
110 Cannon Street
London EC4N 6EU
ICMA Paris
T: +33 1 8375 6613
25 rue du Quatre Septembre
75002 Paris

ICMA Brussels
T: +32 2 801 13 88
Avenue des Arts 56
1000 Brussels
ICMA Hong Kong
T: +852 2531 6592
Unit 3603, Tower 2
Lippo Centre
89 Queensway, Admiralty
Hong Kong
info@icmagroup.org (general enquiries)
education@icmagroup.org (education enquiries)
sustainabilitybonds@icmagroup.org (sustainable finance)
Copyright © 2024 International Capital Market Association.