GRC round table: Securities Financing Transaction Regulation (SFTR)

Though the smoke from MiFID II implementation has barely cleared, one of the next regulatory challenges facing firms operating in the EU is already on the horizon: the Securities Financing Transaction Regulation (SFTR). The rules aim to increase transparency on the use as repos and stock loans, and on the risks around entering collateral arrangements.

Having been dormant for over a year as detailed implementing rules awaited endorsement by the European Commission, SFTR has now re-emerged.  It is advisable to pre- begin compliance projects as soon as possible considering the level of detail which is already available and the likely go-live date of end 2019/early 2020 for some of the main transparency requirements.

The discussion will be led by financial consultants and explore the implications as well as advise on best practice.