KDPW OFFERS THE SFTR TRADE REPOSITORY SERVICE AS OF 13 JULY 2020.
In view of new reporting obligations under Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse (Securities Financing Transaction Regulation, SFTR), which imposes the obligation of reporting details of securities financing transactions (SFT) to authorised trade repositories on all market participants, including financial and non-financial counterparties, KDPW has developed a service through which market participants can meet the reporting obligation.
KDPW TRADE REPOSITORY
The complementary services offered by KDPW provide participants of the trade repository (both under SFTR and EMIR) with a range of key benefits including:- existing communication interfaces of the trade repository;
- the option of meeting both reporting obligations in a single trade repository (enabling cost and workload reductions thanks to a single communication channel);
- the expertise and experience of KDPW Trade Repository staff;
- professional support in the harmonisation of reporting with the SFTR standards;
- off-the-shelf technology solutions;
- support for SFTs settled in KDPW.
ESMA has extended the registration of the KDPW Trade Repository to include the reporting of transactions under the SFTR, effective as of 7 May 2020.
