ESMA published an updated version of its Q&As on data reporting with respect to SFT under the SFTR.
In this latest version, the Q&A below relating to the Reporting of the SFTs concluded by IORPs and pension funds was added as follows – quote:
Question 16: Which are the entities that have the reporting responsibility under SFTR, for IORPs and for personal pension funds? [new/ page 27]
Answer 16: The entities that have the reporting responsibilities under SFTR are the counterparties to the SFTs that they have concluded. Where a financial counterparty concludes an SFT with a nonfinancial counterparty which on its balance sheet dates does not exceed the limits of at least two of the three criteria laid down in Article 3(3) of Directive 2013/34/EU, the financial counterparty shall be responsible for reporting on behalf of both counterparties.
QAs on SFTR data reporting
ID
23607
Other Features
counterparty
pension funds
post trading
reporting
sandbox
securities
SFT
trading
Date Published: 2023-06-07
Regulatory Framework: Securities Financing Transaction Regulation (SFTR)
Regulatory Type: Q&As
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