2007-01-01

CB Circular 04/2007 Global Master Repurchase Agreement

The Central Bank issued Circular 04/2007 to standardize the legal and operational framework for Global Master Repurchase Agreements. The regulation requires all licensed financial institutions to adopt the updated GMRA terms for domestic and cross-border repo transactions. It further establishes compliance deadlines, reporting protocols, and dispute resolution mechanisms to enhance market stability.

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Bank of Zambia

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