ECSDA comments on securities financing

After releasing a first paper in April, ECSDA issued a second paper on securities financing transactions (SFTs) in November commenting on the draft standards of the European Securities Markets Authority (ESMA) for SFT reporting.

The paper argues for a recognition of the specificities of CSD securities lending and borrowing services, and it suggests clarifications on reporting fields aimed at identifying the place of settlement and the counterparties involved, irrespective of whether SFTs settle in a CSD.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s