Operational Arrangements Working Group

The Tri-Party Repo Infrastructure Task Force released proposals addressing two sets of operational changes to current tri-party repo settlement processes for public comment. The first proposal specifies parameters to facilitate three-way trade confirmation (among lenders, borrowers, and the clearing banks). The second proposal would establish a standardized window for the settlement of maturing and new tri-party repo transactions. These changes are designed to implement the recommendations made in the Task Force’s final report, published in May, which addressed weaknesses in the infrastructure of the tri-party repo market. The Task Force is also publishing its recommended implementation schedule.

The Task Force invites feedback on the proposals. The comments received are intended to help the Task Force identify key concerns and operational considerations that need to be addressed to implement its May 2010 recommendations. The comment period ended January 14, 2011.

3-Way Trade Confirmation and Settlement Window Implementation Proposal pdf

Comments received »



Tri-Party Repo Infrastructure Reform Task Force Confirms Implementation of Three-Way Confirmations in Aug 2011 pdf
June 9, 2011

Tri-party Repo Infrastructure Reform Task Force Offers New Proposals on 3-Way Confirmation and Standardized Settlement Times for Public Comment pdf
December 3, 2010




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Task Force Final Report pdf
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Minimum Parameters Required for Tri-party Repo Matching pdf
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2010 Task Force Report pdf
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Summary of Task Force Recommendations pdf
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Dealer/Lender Template Letter pdf
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Checklist for Fund Investors of Repurchase Agreements offsite
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PRC Website

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