The ASIFMA-ICMA Guide on Repo in Asia was developed to put forth best practices for the orderly trading and settlement of cross-border repos in Asia in line with internationally recognized standards, and to address impediments to the growth of regional repo markets. This Guide lays out structural features (such as legal frameworks, settlement systems, and market conventions) that support sound and efficient repo markets, disseminates industry best practices to encourage market practitioners to adopt international standards for the efficient clearing and settling of repo transactions, and encourages reforms to legal and regulatory frameworks that are essential to create an enabling environment for repo markets.
The guide is available online here.