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SFTR Update

Be Shaping the Future (AT)24.03.2020

With regards to COVID-19 ESMA issued today a public statement to ensure coordinated supervisory actions on the application of Securities Finance Transactions Regulation (SFTR) ESMA expects the national competent authorities (“NCA”) not to prioritise their supervisory actions towards entities subject to Securities Finance Transactions (SFT) reporting obligations as of 13 April 2020 and until 13 July 2020. More details can be found here:

ESMA News

ESMA Public Statement pdf

 

By Marian Predov.