MEXICO Trends and Developments Contributed by: Pablo Perezalonso Eguía, Isabel Ortiz-Monasterio Borbolla and Alejandro Mosqueda Pérez, Ritch, Mueller y Nicolau, S.C.
ing ahead, reportos are poised to play a larger role, not only for intraday liquidity but also for more complex transactions. These new modifications will hopefully translate into a more robust market, creating new oppor - tunities for more market participants to offer repo solutions to their clients, without the legal obstacles that existed for decades. Furthermore, Mexico could lead the way within emerging mar -
ket economies in the repo market and provide an example on legal reforms that could help to incentivise and develop financial markets. In the coming months, it will be essential for the associations to finalise the modernisation of the Local Reporto Master Agreement. This will be key to providing a flexible, modern agreement that serves as a viable local alternative to inter - national frameworks like the GMRA.
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