DTCC’s GTR bolsters capabilities for SFTR

DTCC has begun efforts to enhance its European Global Trade Repository in support of the upcoming Securities Financing Transactions Regulation (SFTR) expected to be implemented in 2019. SFTR will require firms subject to EU regulations to report securities financing transactions including repurchase agreements, securities lending and margin lending trades to an authorized Trade Repository.

DTCC’s GTR has become the largest trade repository in Europe and the solution chosen by more than 60% of European firms that report their transactions. The new SFTR enhancements will be a significant addition to the existing reporting capabilities.

Andrew Douglas, ‎CEO of the European Global Trade Repository and Managing Director of Government Relations for EMEA/Asia at DTCC, stated that outreach to potential clients and industry associations has already begun to ensure users can be fully compliant with the new regulation.

Read the full release

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