In advance of trilogue discussions between the European Commission, Parliament and Council which begin next week, ISLA has prepared a position statement outlining its views. In the paper ISLA stresses the benefits of position level reporting (versus transactions reporting), the rationale for exempting title transfer collateral arrangements (TTCA) from re-use provisions, aligning the investor disclosure requirements with existing ESMA Guidelines for UCITS and other matters. The paper can be found by clicking here.
