ΠΕΡΙΓΡΑΦΗ

SFTR is a major regulatory reporting requirement for anyone transacting repo and other securities financing transactions in the EU, no matter how limited their activity. In order to meet the regulator’s demand for complete, accurate and timely data, firms are devoting considerable resources to the speedy remediation of rejected or unreconciled reports. 

This online course will offer delegates a grasp of what is required by SFTR in the EU and UK but will also provide a practical insight by looking at specific reporting rules and key data fields

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the course, delegates should be able to:

• Identify what trading activities are covered by SFTR, who has to report and by when;
• Outline the role of trade repositories and recognise the reports sent to and sent out by these entities;
• Distinguish the types of record to be sent to trade repositories and know in what order they should be sent;
• Select and describe the data fields required for generic SFT structures, whether collateralized at transaction or portfolio level;
• Complete a basic calculation of the estimated re-use of collateral.

They should also:

• Be aware of some of the practical issues that have arisen in reporting;
• Know where to look for further guidance.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This course is suitable for any professional involved with SFTR. Delegates would benefit from a familiarity with repos, securities lending and margin lending but this is not essential.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline 

• Purpose of SFTR and key requirements for reporting parties
• SFTR documentation: what to refer to
• What SFTR covers: repos, securities/commodities lending, margin lending
• Who is subject to SFTR (EU and UK), including mandatory delegation and branches
• The role of trade repositories: who they are; what they do (validation and reconciliation); what you send them and what they send back and to others
• Types of report (Action Types) and sequencing
• Reporting deadlines.
• Data sets, matching fields, cardinality rules (mandatory, conditional or optional) and conditionality links between fields
• Counterparty data
• Loan data: type, UTI, level of reporting, legal data, term, rate
• Collateral data: type; level of reporting; classifications
• CCP-cleared SFTs and margins
• Collateral re-use reports: actual and estimated