Quick Find:
  • Events
  • ICMA European Repo and Collateral Council Annual General Meeting
ICMA European Repo and Collateral Council Annual General Meeting
 
Hosted by:


Date and Venue

Date:
31 January 2019
Time: 08.30-14.30

Venue:
European Convention Center Luxembourg
4, Place de L’Europe
L-1499, Luxembourg

 

Event Overview

The ICMA European Repo and Collateral Council (ERCC) 2019 Annual General Meeting (AGM) was held in the framework of Deutsche Boerse’s Global Funding and Financing (GFF) Summit in Luxembourg.

As always, the agenda of the ERCC AGM covered current themes facing repo market practitioners. In addition to updates on the latest relevant regulatory developments and recent legal discussions, including implications of Brexit, there was a particular focus on the challenges for banks in relation to intraday liquidity management and the evolving settlement landscape in Europe.
Yves Mersch, Executive Board Member of the European Central Bank, was our featured keynote speaker who provided an update on the ECB’s important initiatives in this area. Other key themes that were covered include, benchmark reform in Europe as well as the growing importance of technology.

Presentations and other materials from this Annual General meeting can be downloaded via the below links.

Legal Update
Lisa Cleary, Senior Director, ICMA

The Guide to Best Practice in the European repo market
Richard Comotto, Senior Fellow, ICMA Centre

The European repo market at 2018 year-end
Andy Hill, Senior Director, ICMA

Regulatory Update
Andy Hill, Senior Director, ICMA
David Hiscock, Managing Director, ICMA
Alexander Westphal, Director, ICMA

Keynote: The possible triangle: Frictionless movement of payments, securities and collateral across Europe
Yves Mersch, Executive Board Member, European Central Bank

Upcoming ERCC Meeting and workshops

Agenda

Thursday, 31 January 2019

08.30 Registration  
09.30 Welcome by the Host  
10.00
Opening of the ICMA ERCC Annual General Meeting:

Welcome Remarks
Godfried De Vidts, ERCC Senior Advisor and former Chairman

Legal Update
Lisa Cleary, Senior Director, ICMA

The Guide to Best Practice in the European repo market
Richard Comotto, Senior Fellow, ICMA Centre

The state of the European Repo Market – year-end 2018
Richard Comotto, Senior Fellow, ICMA Centre
Andy Hill, Senior Director, ICMA

Regulatory Update
David Hiscock, Managing Director, ICMA
Alexander Westphal, Director, ICMA

Technology: ISDA’s Common Domain Model (CDM)
Clive Ansell, Head of Market Infrastructure and Technology, ISDA

Keynote: The possible triangle: Frictionless movement of payments, securities and collateral across Europe
Yves Mersch, Executive Board Member, European Central Bank

Panel Discussion: “Getting our euro settlement house in order”
Moderated by: Gesa Benda, Global Head of Collateral Management Product, BNY Mellon

Panellists:
Nicholas Hamilton, Executive Director - Digital and Platform services, J.P. Morgan
Jean-Robert Wilkin, Executive Director - Global Funding and Financing - Market Development, Clearstream
Gareth Allen, Global Co-Head Treasury Assets, Global Co-Head Repo Trading, UBS
Corentine Poilvet-Clediere, Head of RepoClear and Collateral and Liquidity Management, LCH SA

Closing remarks

13.15 Lunch
14.30
Event close