Verification of SFT reports by trade repositories
- Verify SFT reports, reject non-compliant ones, and notify submitter within 60 minutes
Retained EU Law
2019
United Kingdom
Commission Delegated Regulation (EU) 2019/358 of 13 December 2018 supplementing Regulation (EU) 2015/2365 of the European Parliament and of the Council with regard to regulatory technical standards on the collection, verification, aggregation, comparison and publication of data on securities financing transactions (SFTs) by trade repositories (Text with EEA relevance)
At a glance
What's here
7 compliance obligations
Who this Act binds
Plus 3 non-business duties on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Reconciliation of data by trade repositories
Other duties (1) — Crown / regulator
- Trade repositories must reconcile securities financing transaction data Statutory regulator
End-of-day response mechanisms
- Provide end-of-day SFT data to reporters in XML format
Access to details of SFTs
Other duties (1) — Crown / regulator
- Provide regulator access to your SFT reports in XML format Statutory regulator
Calculation of, and access to position level data
- Calculate and provide access to SFT position and aggregate data
Calculation of aggregate position data for publication
- Aggregate SFT position data and maintain procedures for extraordinary values and corrections
Publication of aggregate position data
Other duties (1) — Crown / regulator
- Trade repositories must publish SFT aggregate data weekly Statutory regulator
Browse 1 other section — procedural / definitional / commencement
Entry into force
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