SFTR reporting clock is already set for Q2 2020
Last week the European Commission adopted the delegated and implemented documents covering the Securities Financing Transactions Regulation (SFTR).
It is a significant and long awaited step for increasing the transparency of securities financing markets. The SFTR requires Securities Financing Transactions (SFTs) to be reported in detail to a Trade Repository and will affect large number of institutions.The SFTR reporting obligation spreads over to investment firms, CCPs, CSDs, insurance and reinsurance companies, pension funds, UCITs, AIFs and also non-financial counterparties to SFTs.
You can find more insights on the SFTR topic and targit’s value proposition here: