MENU
×
×

Aurexia
Newsletters

Choose your newsletter

×

Aurexia SFTR Reporting

DOWNLOAD OUR OFFER

Aurexia SFTR Reporting

DOWNLOAD OUR OFFER

Following the global financial crisis, the ESRB and the European Commission have explored various ways to regulate the so-called « Shadow Banking » sector.

The EU Securities Financing Transactions Regulations (SFTR) came into effect on 12 January 2016 and aims at regulating and increasing the transparency of securities financing transactions in three ways

  • By requiring counterparties to report SFTs to a EU approved trade repository
  • By imposing condictions on the Collateral re-use. The collateral provider has to give explicit writing consent about risks & consequences of such agreement.
  • By requiring Funds managers to inform investors of their use of SFTs and total return swap in their reports (pre-investment documentation, periodical reports)

Reuse requirements and reports transparency obligations respectively came into effect on 13 July 2016 and 13 January 2017.

  • The reporting obligation follows a phased-in approach after the RTS comes into force. Consequently, the reporting obligation should start in Q2 2019 assuming RTS will entry into force in Q2 2018…

Your browser seams obsolete.

To enjoy a good experience on our website, please download the latest version of your browser.