Buy-side unhappy with ESMA's SFTR discussion paper

In polite and diplomatic language, buy-side respondents to ESMA’s recent discussion paper on SFTR expressed their displeasure with both the amount of time allowed in the response as well as the specifics. There were some common themes across the comment letters including who reports, how much is reported and overlap with other regulation. The sell-side and related industry associations weren’t thrilled either.

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