ICMA’s European Repo and Collateral Council (ERCC) and ASIFMA’s Secured Funding Markets Committee have been co-operating to extend the ICMA’s semi-annual survey of the European repo market to the Asia-Pacific (APAC) region.
Co-operation started in June 2016 with the addition of a number of questions in the ICMA’s European survey to provide greater granularity about APAC repo executed in Europe. In December 2016, a pilot survey of repo desks located in the APAC region was conducted using a questionnaire based on that for the European survey. The first regular APAC repo market survey (which is referred to as the ‘Asian’ repo market survey) was conducted in June 2020. The participants in the joint Asian survey are largely international banks. Consequently, the business encompassed tends to be cross-border rather than domestic repo. 12 November 2020 |
Contact:
Zhan Chen
Associate Director, Market Practice and Regulatory Policy
Direct line: +44 20 3917 3879