Risk: SFTR pairing and matching an ongoing challenge

As ill-fated regulatory encounters go, few can rival the star-crossed introduction of derivatives reporting in Europe. Repo and securities lending participants have taken comfort in the fact that their own entrée to the Securities Financing Transactions Regulation (SFTR), which governs repo reporting, was not quite as disastrous.

Even so, reconciling counterparty reports for the same repo trade – known as pairing and matching – has troubled the SFTR’s debut, sources tell Risk.net.

Failures to reconcile are constantly discovered and can take as long as a month to resolve, one market participant says.

The full article is available at https://www.risk.net/regulation/7825106/swipe-left-repo-reporting-no-match-for-brexit-or-collateral

Related Posts

Previous Post
AccessFintech partners with SIX for CSDR eligibility, reference and price data
Next Post
OCC seclending CCP volume up 87.5% in April 2021 over April 2020

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account