REGIS-TR Confirmed As SFTR Trade Repository
REGIS-TR, the pan-European leader in G20 trade repository services will be the Trade Repository of choice for Clearstream and Eurex, providing a fully flexible reporting service solution for Securities Finance Transaction Regulation (SFTR) requirements.
SFTR requires EU counterparties to report their securities finance transaction details to a registered trade repository. Regis-TR’s SFTR reporting solution will combine its experience as one of Europe’s largest EMIR trade repositories, and the only Trade Repository with approval for both EMIR and FinfraG, with Deutsche Börse Group Global Funding and Financing (GFF) suite of products and services in the Securities Finance space. Together, these sister companies will offer a holistic solution, enabling customers to meet their reporting obligations in an efficient and cost effective manner.
Irene Mermigidis, Managing Director, REGIS-TR, said: “We’re delighted to be able to offer this solution. We are uniquely positioned as a Trade Repository with expertise in regulatory reporting, but also with a wealth of knowledge in the Securities Finance world through our sister companies at Clearstream and Eurex. This announcement marks the continuation of our close collaboration to alleviate the reporting burden for market participants to the greatest extent possible. We are the natural choice of Trade Repository for SFTR.”
The Nordic and Baltic exchanges had record IPOs and trading volumes.
It is important to maintain the voluntary nature of the standard.
Proposed changes would lead to an unsustainable level of additional cost and liability for issuers.
The regulator seeks input on the use of DLT for trading, settlement and regulatory reporting.
The strategic move taps into the existing geographic infrastructure within TP ICAP.