Nine banks join IHS Markit’s design team to collaborate on Securities Financing Transaction Regulation (SFTR) reporting service.
The go-live date for the regulation is set for Q2 2020 after the EC formally adopted the measures.
ISLA names securities lending expert as director of regulatory policy and market practice.
DTCC adds FIS Global, SimCorp, Broadridge, Murex and RegTek.Solutions as partners to its Global Trade Repository for SFTR reporting requirements.
ESMA has rejected a request from the European Commission to remove the wording of LEIs in the upcoming rules.
The partnership is the second with a trade repository for EquiLend and Trax’s joint solution.
The European Commission intends to endorse the draft regulation but will amend certain details ahead of implementation.
Industry awaits formal approval from European Commission, but Global Custodian understands it will make no 'fundamental changes' to SFTR which now looks to be adopted in at the end of the year or Q1 2019.