SFTR Reporting - The New Kid on The Block
The Securities Financing Transactions Regulation (SFTR) is intended to increase transparency in Securities Financing Transaction (SFT) markets. At its core is the requirement for all firms engaging in SFT to report their trades, with the exception of those with the European System of Central Banks (ESCB), to an approved Trade Repository (TR). The wide scope of firms caught by SFTR means that a lot of the “non-bank” or “shadow banking” sector will be caught, often for the first time given the reliance they have on SFT’s. Read our white paper to identify what needs to be reported and how to prepare for the future.