ESMA CONSULTS ON FUTURE REPORTING GUIDELINES UNDER SFTR

May 27, 2019

  • ESMA have released their draft guidelines on how to report securities financing transactions (SFTs)
  • Public consultation process on the content of the document.
  • Reporting start date: 11th April 2020 for credit institutions and investment firms
    • Phased-in application for other entities until January 2021
  • The guidelines include general principles that apply to SFT reporting, including how the reports should be constructed and where the reports should be sent.
  • In Q3 2019 ESMA will consider the feedback it receives to this consultation. ESMA expects to publish a final report on the Guidelines on Reporting under SFTR in Q4 2019.

Press Release: https://www.esma.europa.eu/press-news/esma-news/esma-consults-future-reporting-guidelines-under-sftr

Guidelines: https://www.esma.europa.eu/sites/default/files/library/esma70-151-1985_consultation_paper_guidelines_on_reporting_under_sftr.pdf