SFTR technical standards: Turning data into intelligence

Nikolay Arnaudov

Journal of Securities Operations & Custody, 2018, vol. 10, issue 4, 305-314

Abstract: The paper provides insights into the implementation in the European Union of the Financial Stability Board (FSB) initiatives related to securities financing transactions (SFTs). Securities financing transactions regulation (SFTR) sets out requirements on transparency of SFTs and of reuse. The draft technical standards leverage on existing systems, processes and formats and establish end-to-end use of ISO 20022 extensible markup language (XML). In addition, given the pivotal role of collateral, the reporting requirements provide for a comprehensive data collection of key data elements relating to the collateral and type of collateralisation. The extensive use of ISO 20022 XML should also contribute to enhanced data quality and facilitate the data aggregation and comparison between authorities. Finally, SFTR would also contribute to a better assessment by FSB of risks related to the use of SFTs.

Keywords: non-bank financing; securities financing transaction (SFT); transparency; end-to-end ISO 20022 extensible markup language (XML); collateral reporting; data quality; EU transaction reporting rules; Financial Stability Board (FSB) global data collection (search for similar items in EconPapers)
JEL-codes: E5 G2 K22 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/2669/download/ (application/pdf)
https://hstalks.com/article/2669/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jsoc00:y:2018:v:10:i:4:p:305-314

Access Statistics for this article

More articles in Journal of Securities Operations & Custody from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().