ESMA releases new Q&A on SFTR data reporting

*new* Question 12 [Published on 14 December 2021]

Currency for the Overview report (Guidelines on calculation of positions in SFTs by trade repositories)

In the case of the Overview report, how should TRs aggregate positions containing multiple currencies, irrespective of whether those currencies belong to the same or different currency buckets as per Guideline 15 of the “Guidelines on calculation of positions in SFTs by trade repositories”?

Answer 12:
For the Overview report, TRs should calculate and express the aggregate positions in SFTs in their EUR equivalent value, irrespective of whether a position captures SFTs featuring the same or different currencies.

The full Q&A is available at https://www.esma.europa.eu/sites/default/files/library/esma74-362-893_qas_on_sftr_data_reporting.pdf

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