Deutsche Börse Group’s index activities are performed by the subsidiary STOXX Ltd. For our customers, this means one single point of contact for ...
The new European Regulation No. 2015/2365 on transparency of securities financing transactions and of re-use (SFTR) intends to improve transparency on securities financing markets by introducing reporting requirements for counterparties to a securities financing transaction (SFT) into a Trade Repository (Art. 4 SFTR) – similar to requirements implemented under EMIR for OTC derivatives.
Those reporting obligations will be phased-in in four stages depending on counterparty classification beginning 12 months after adoption of the Level 2 delegated acts (RTS), i.e. first reporting is currently not expected before Q3 2019.
SFTR reporting affects all counterparties to an SFT that are established within the EU (incl. EU and 3rd country branches) as well as EU-domiciled branches of 3rd country entities:
SFTR requires affected counterparties to report counterparty, transaction, collateral composition, margin and re-use details of
at conclusion, modification or termination to a registered/recognized TR.
Although the final implementation details on SFTR reporting are not yet published, the industry needs to prepare for additional reporting requirements and implementation challenges, such as
The Regulatory Reporting Hub plans to leverage multiple external and internal data sources to enrich reporting records for SFTs
in order to minimize reconciliation breaks and human intervention.
Deutsche Börse Group’s Regulatory Reporting Hub and its industry experts are committed to help you ensure full SFTR-compliance as your partner. With SFTR as new Regulation at RRH, we will continue on the journey to our vision of a one stop shop for all regulations, enabling our clients to unlock cross-regulation synergies.
Therefore, we kindly asks all companies to show their interest for SFTR by registering under following link:
Early adopters and design group participants may be granted admission to an early adopter incentive scheme.