ICMA updates legal opinions on GMRA
09 April 2019 London
Image: Shutterstock
The International Capital Market Association (ICMA) has published updated legal opinions concerning the Global Master Repurchase Agreement (GMRA).
The GMRA refers to the standardised agreement for international repository transactions, which is a cornerstone of many national markets.
The updates from ICMA have been developed to accommodate jurisdictions that are non-EU member states in response to the political landscape of Brexit.
Legal opinions affiliated with ICMA include the use of the GMRA in nearly nearly 70 jurisdictions in a global context.
The trade association also provides a range of services for the international capital market, including financial regulation and recommendations for trading and settlement.
The GMRA refers to the standardised agreement for international repository transactions, which is a cornerstone of many national markets.
The updates from ICMA have been developed to accommodate jurisdictions that are non-EU member states in response to the political landscape of Brexit.
Legal opinions affiliated with ICMA include the use of the GMRA in nearly nearly 70 jurisdictions in a global context.
The trade association also provides a range of services for the international capital market, including financial regulation and recommendations for trading and settlement.
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