History
The ECBC was created by the European Mortgage Federation (EMF) in 2004. As of June 2011, the Council has over 100 members, across 25 active covered bond jurisdictions and many different market segments. ECBC members represent over 95% of covered bonds outstanding.
The purpose of the ECBC is to represent and promote the interests of covered bond market participants at the international level. The ECBC's main objective is to be the point of reference for matters regarding the covered bond industry and operate as a think-tank, as well as a lobbying and networking platform for covered bond market participants.
Read more about this topic: European Covered Bond Council
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—Henry David Thoreau (1817–1862)