The next regulatory challenge facing firms operating in the EU is here: the Securities Financing Transaction Regulation (SFTR), which aims to increase transparency in the use of repos and stock loans, and on the risks around entering collateral arrangements.Having been dormant for over a year, things have now picked up with the release of the Regulatory and Implementing Technical Standards. The industry has finally received greater clarity both on the nature of the European Commission standards as well as on the implementation timelines. Until recently, many firms were unsure on what level of commitment to dedicate to the implementation, struggling, for instance, to reallocate resources employed in the completion of MiFID II. However, with Q2 2020 not as far away as it might seem, and given the considerable scale of the SFTR reporting challenge – it is now imperative that firms ensure they are using this time wisely to make as much progress as possible in terms of the readiness of their operation models and infrastructure.Under the new rules firms that enter into collateralised transactions such as repos, securities or commodity lending or borrowing transactions as well as margin loans and total risk return swaps, need to comply with SFTR. Both financial and, ultimately, non-financial companies will be required to report such transactions to approved trade repositories.Moreover, SFTR will not only extend reporting requirements, but it will also directly impact trading and collateral management. If it ever truly was previously, collateral will no longer be completely fungible. And that will have practical trading and process implications.It is quite evident that SFTR is more than a simple trade reporting practice. It impacts a wide-range of investment firms in areas such as businesses processes, controls, operations, IT systems and compliance. The SFTR Implementation Forum will help you understand all aspects of the regulation, avoiding implementation delays, fines and operational hiccups. Through a series of keynote panel discussions and case studies, our expert speakers will take you through all challenges of the SFTR business model, including UTI generation, the reporting obligation to the TRs and, finally, the reconciliation process.Attending this summit will enable you to:
Attendance at this one-day event is highly recommended for:VPs, Directors, Heads of, Senior Managers witihin the following functions/departments:SFTR, Transaction Reporting, Data Reporting, MiFID, EMIR, Trading and Liquidity Strategies, Securities Lending, Collateral Trading, Repo, Regulatory Change, Investments and Operations, Compliance, Liquidity and Funding, Standards, Collateral Trading, Strategy and Development Product From: Banks, asset managers, hedge funds, prime brokers, exchanges, clearing houses, depositories and insurers. The event will also be of interest to the advisory community, including law firms, accountants, and regualtory and technology consultancies.
Wednesday, October 2, 2019 8:30 AM - 5:15 PM 
London venue TBCUnited Kingdom