The EU’s Securities Finance Transactions Regulation (EU Regulation 2015/2365, or SFT-R) is now officially “live”, as of January 12, 2016. We spoke with European market participants over the last couple of weeks to get an initial take on their readiness to comply with the new requirements.
Updated on October 29, 2015 — 2:32 PM EDT
Bank Separation May Face Higher Hurdles in EU Lawmakers’ Deal
An August 22, 2013 article in Bloomberg “EU Said to Weigh Curbs on Collateral Asset Reuse in Repos” by Jim Brunsden & John Glover certainly caught our attention. Quoting from the article:
While nothing is certain in global financial regulations, the odds are getting better that European and US regulators will both ask the industry for a trade repository in securities lending. We suspect that this will not hamper business activities much if at all and will actually help in many ways.