The European energy industry is worried that overly broad definitions in the Securities Financing Transaction Regulation (SFTR) will capture trades that are not pure financing transactions, and place an undue reporting burden on firms.
The rules already require non-financial companies to keep records of all securities financing transactions (SFTs), which comprise repurchase agreements, lending or borrowing of securities or commodities, buy-backs, sell-backs and any instances of collateral being
- Quant Finance Master’s Guide 2019
- People moves: SocGen adds in prime services, Deutsche fills new rates hole, HSBC makes model move, and more
- Brexit threatens to reopen Asian bail-in clauses for EU banks
- Podcast: Kenyon and Berrahoui on the pitfalls of PFE
- Cross-currency swaps could hasten RFR shift in Australia