DTCC began trialling the test pack with its own SFTR matching and reporting service on 30 August, ahead of the regulation’s implementation on 11 April 2020
The partnership responses the EU’s CSDR, which brings new settlement discipline procedures, including cash penalties for settlement fails and mandatory buy-ins
OCC was designated as a systemically important financial market utility in 2012, thereby making it subject to enhanced regulation and transparency rules related to risk management
ISLA has responded to ESMA’s Guidelines for reporting under articles 4 and 12 of SFTR and has attracted particular attention to the potential restriction on the use of non-EU issuer LEIs
Trax, a MarketAxess subsidiary, and EquiLend have begun user acceptance testing (UAT) with phase one go-live clients for their joint Securities Financing Transactions Regulation (SFTR) solution
There is a growing concern that market participants are not going to be ready to report their SFTs when regulatory obligations start next year, Stephen Grady, head of market structure at IHS Markit, has stated