On 7 November 2006, European securities exchanges, clearing houses and central securities depositories signed the Code of Conduct on clearing and settlement. The Code aims to enhance transparency and increase competition in the post-trading sector.
To monitor implementation of the Code, the European Commission set up the Monitoring Group of the Code of Conduct on Clearing and Settlement (MOG). The group was wound up in 2010.
1 September 2006
ESF Principles and Requests on the Code of Conduct
*On 4 December 2015, the name of the European Repo Council (ERC) was changed to the European Repo and Collateral Council (ERCC).