A member of
Eurex Clearing
Dear Clearing Member,
In April 2020, the obligation to report securities financing transactions according to Article 4 of the Securities Financing Transactions Regulation (SFTR) will come into effect.
Since both counterparties of a cleared SFT (CCP and Clearing Member) must report and since data fields have to be identical (such as Unique Transaction Identifier, Counterparty data, Loan and Collateral data, Margin and re-use data), it is important that the CCP and its Clearing Members use the same methods to create the data fields.
The document “Reporting of cleared Securities Financing Transactions (SFTs) by Eurex Clearing according to SFTR Article 4” provides an overview of how the CCP will populate its data fields to enable the Clearing Members to match the data with their reporting.
Please note: Reporting is still subject to further guidance by ESMA or industry alignment. Any further changes will be communicated by Eurex Clearing circulars or newsflashes.
We are providing this document for the preparation of regulatory reporting according to SFTR.
The document is attached to this newsflash and will also be available in the Member Section on the Eurex Clearing website www.eurexclearing.com under the following path:
Clearing Resources > SFTR Reporting
If you have any questions or require further information, please contact the Regulatory Reporting Hub helpdesk under: rrh@deutsche-boerse.com.
Attachment:
Kind regards,
Your Client Services Team
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| Recipients: | All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors |
| Web: | www.eurexclearing.com |
| Contact: | Regulatory Reporting Hub, rrh@deutsche-boerse.com |