Repo markets left guessing by new EU reporting rules
Record-keeping obligations of SFTR already in force, but no guidance on data fields
Repo and securities-lending market participants have been left guessing about the data they need to fulfil record-keeping obligations under the European Union's Securities Financing Transactions Regulation (SFTR), because no detailed guidance has been provided as yet to back the implementation of an unprecedented reporting regime.
"We know we have to keep records around securities financing-type transactions, but it is not abundantly clear what needs to go into the records, apart from a few
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