The Global Master Repurchase Agreement (GMRA) serves as the primary legal framework for conducting repurchase and reverse repurchase transactions in the Philippine financial markets. This document is essential for financial institutions engaging in securities financing transactions, providing standardized terms and conditions while incorporating specific requirements of Philippine law and regulations. It is designed to comply with BSP Circular No. 1062 on repo transactions and relevant SEC regulations, while also aligning with international best practices. The agreement is typically used when parties wish to establish a long-term relationship for conducting multiple repo transactions, covering aspects such as margin maintenance, default handling, close-out netting, and regulatory reporting requirements. It includes specific provisions addressing local market conditions and regulatory requirements while maintaining consistency with global standards for repo trading.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
Alternatively...
1. Parties: Identification of the contracting parties and their legal capacity
2. Background: Context of the agreement and general purpose of entering into repo transactions
3. Definitions: Comprehensive definitions of terms used throughout the agreement
4. Scope and Application: General scope of the agreement and types of transactions covered
5. Initiation and Confirmation: Process for initiating transactions and confirmation requirements
6. Margin Maintenance: Procedures for calculating and maintaining margin requirements
7. Income Payments: Treatment of income received on purchased securities
8. Payment and Transfer: Mechanics of payments and securities transfers
9. Events of Default: Definition of default events and consequences
10. Tax Event: Treatment of tax-related issues and obligations
11. Interest Rate: Calculation and payment of interest on cash margins
12. Representations and Warranties: Standard representations and warranties of the parties
13. Termination and Close-out: Procedures for termination and close-out netting
14. Notices and Other Communications: Communication requirements and procedures
15. Governing Law and Jurisdiction: Choice of law and jurisdiction provisions
16. Miscellaneous: General boilerplate provisions
1. Agency Transactions: Required when parties may act as agents for third parties
2. Buy/Sell Back Transactions: Include when parties intend to enter into buy/sell back transactions
3. Forward Transactions: Required for agreements covering forward-starting repo transactions
4. Electronic Trading: Include when parties will use electronic trading platforms
5. Force Majeure: Optional clause for jurisdictions where force majeure is not implied by law
6. Local Law Requirements: Specific provisions required by Philippine law
7. Foreign Exchange Provisions: Required for cross-border transactions involving currency exchange
1. Schedule A - Form of Confirmation: Standard form for transaction confirmations
2. Schedule B - Agency Provisions: Detailed provisions for agency transactions
3. Schedule C - Buy/Sell Back Provisions: Specific terms for buy/sell back transactions
4. Schedule D - Net Paying Securities: Provisions for securities subject to tax withholding
5. Schedule E - BSP Requirements: Specific requirements under Bangko Sentral ng Pilipinas regulations
6. Annex I - Eligible Securities: List and characteristics of securities eligible for transactions
7. Annex II - Contact Details: Contact information for notices and communications
8. Annex III - Forms of Power of Attorney: Standard forms for powers of attorney when required
Authors
Find the document you need
Pledge Agreement (Real Estate)
A Philippine law-governed security agreement where real property is pledged as collateral to secure a debt or obligation.
Download
Motor Vehicle Security Agreement
A Philippine law-governed agreement establishing a security interest in a motor vehicle as collateral for a loan or financial obligation.
Download
Security Interest Contract
A Philippine law-governed agreement creating a security interest in assets to secure an obligation, subject to the Personal Property Security Act and related legislation.
Download
Security Deposit Agreement
A Philippine law-governed agreement establishing terms for handling, maintaining, and returning a security deposit between parties, typically used in property rental or service arrangements.
Download
Data Privacy Contract
A Philippine law-compliant contract governing personal data processing arrangements between parties, aligned with the Data Privacy Act of 2012.
Download
Stock Pledge And Security Agreement
A Philippine law-governed agreement creating a security interest over shares of stock as collateral for securing obligations.
Download
Debenture Trustee Agreement
A Philippine law-governed agreement appointing and establishing the duties of a trustee to protect debenture holders' interests in a debenture issuance.
Download
Global Master Repurchase Agreement
A master agreement for repurchase transactions in the Philippines, compliant with BSP and SEC regulations, governing securities financing between financial institutions.
Download
Personal Security Agreement
A legally-binding agreement under Philippine law that establishes terms and conditions for security service provision, ensuring compliance with RA 5487 and related regulations.
Download
Omnibus Loan And Security Agreement
A Philippine law-governed agreement combining multiple loan facilities and security arrangements into a single comprehensive financing document.
Download
Personal Loan Contract With Collateral
A Philippine law-governed agreement establishing terms for a personal loan secured by collateral, including security interest provisions and regulatory compliance requirements.
Download
Shareholder Agreement Transfer Of Shares
A Philippine law-governed agreement documenting the transfer of shares between shareholders, setting out terms, conditions, and regulatory compliance requirements.
Download
Stock Transfer Restriction Agreement
A Philippine law-governed agreement that establishes restrictions and procedures for corporate share transfers, protecting existing shareholders' interests and maintaining ownership control.
Download
Inventory Security Agreement
A Philippine law-governed agreement creating a security interest over inventory as collateral for financing, regulated under the Personal Property Security Act.
Download
Title Transfer Collateral Agreement
A Philippine law-governed agreement for transferring asset ownership as security for financial obligations, structured under local secured transactions framework.
Download
Stock Pledge Agreement
A Philippine law-governed agreement where shares are pledged as security for obligations, establishing the terms and conditions of the pledge arrangement.
Download
Receivables Pledge Agreement
A Philippine law-governed security agreement creating a pledge over accounts receivable as collateral for financial obligations.
Download
Stock Issuance Agreement
A Philippine law-governed agreement documenting the terms and conditions for issuing corporate shares to subscribers, ensuring compliance with local corporate and securities regulations.
Download
Share Security Agreement
A Philippine law-governed agreement creating security over shares as collateral for financial obligations, setting out pledge terms and enforcement rights.
Download
Property Collateral Agreement
A legal agreement under Philippine law establishing security interest over real property as collateral for an obligation or debt, compliant with local property and security regulations.
Download
Pledge And Security Agreement
A Philippine law-governed agreement creating security interests over assets to secure obligations, establishing rights and enforcement mechanisms between pledgor and pledgee.
Download
Security Contract Agreement
A Philippine law-governed agreement between a security agency and client organization for the provision of security services, compliant with RA 5487 and PNP-SOSIA regulations.
Download
Loan Collateral Agreement
A Philippine law-governed agreement that establishes security interests in assets pledged as collateral for a loan, detailing rights and obligations of parties involved.
Download
Collateral Pledge Agreement
A Philippine law-governed agreement creating a security interest over personal property to secure obligations, compliant with the Personal Property Security Act.
Download
Share Charge Agreement
A Philippine law-governed security agreement creating a charge over corporate shares as collateral for financial obligations.
Download
Reverse Repurchase Agreement
A Philippine law-governed agreement for reverse repo transactions, compliant with BSP regulations, establishing terms for securities purchase with commitment to resell.
Download
Contract Of Sale Of Shares
A legal agreement for the sale and transfer of company shares between parties, compliant with Philippine corporate and securities laws.
Download
Negative Pledge Agreement
A Philippine law-governed agreement where a borrower commits not to create security interests over its assets in favor of third parties, protecting unsecured lenders' positions.
Download
Deposit Control Agreement
A Philippine law-governed tripartite agreement establishing control rights over deposit accounts between a depositor, bank, and secured party.
Download
Transfer Of Shares Agreement
A legal agreement governed by Philippine law that documents the transfer of corporate shares from a seller to a buyer, including all terms and conditions of the transfer.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your data is private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
