When I first launched my proposal last April I noted that due to its role in macro-prudential financial stability and the closeness of repo to monetary policy, the ECB would be well placed to centralise the data gathering for the euro repo market.
This remains true, but today I would like to emphasise that the ECB  2  See Constâncio, V (2012) “Shadow banking – The ECB perspective” Speech by Vítor Constâncio, Vice-President of the ECB, Towards better regulation of the shadow banking system, European Commission Conference, Brussels, 27 April 2012  2  BIS central bankers’ speeches  organised this workshop by taking a wider perspective on the subject and acting just a catalyst.