News & Analysis as of

European Commission Securities Financing Transactions (SFTs)

Akin Gump Strauss Hauer & Feld LLP

EU Commission Confirms No SFTR Reporting for Non-EU Funds

The European Commission has clarified in a letter to the Alternative Investment Management Association (AIMA) published on February 10, 2020, further to AIMA’s request for clarification, that the requirement to report...more

A&O Shearman

European Commission Confirms Scope of Securities Financing Transactions Regulation for Non-EU Funds

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In a letter published by the International Securities Lending Association, the European Commission confirms that the reporting obligations of the EU Securities Financing Transactions Regulation will not apply to non-EU...more

Dechert LLP

SFTR Alert: Buy-side reporting reprieve

Dechert LLP on

A recent exchange of letters between the European Commission and ESMA and AIMA has confirmed that non-EU AIFs (irrespective of manager location) will not be subject to the SFTR reporting obligation, bringing welcome clarity...more

A&O Shearman

Financial Stability Board Delays Implementation Deadlines for Minimum Haircut Standards for Uncleared SFTs

A&O Shearman on

The Financial Stability Board has extended the implementation timelines for its recommendations on securities financing transactions, in particular those on minimum haircut standards for uncleared SFTs. SFTs involve the use...more

A&O Shearman

European Commission Recommendations on Further Mitigating Risks related to Securities Financing Transactions

A&O Shearman on

The European Commission has published a Report on the progress made internationally to mitigate risks associated with Securities Financing Transactions and recommendations, if any, for the EU to develop its regulatory...more

Dechert LLP

Asset Management Regulatory Roundup - November 2017 - Issue 9

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A compact summary of the most recent regulatory developments relevant to the UK asset management industry. This issue includes details on SEC’s no action letters and Commission’s FAQs on “hard dollar” research payments under...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review

CFTC Comparability Determination on EU Margin Requirements and a Common Approach on Trading Venues - On October 13, 2017, the U.S. Commodity Futures Trading Commission ("CFTC") announced determinations by the CFTC and the...more

Orrick - Finance 20/20

Mitigating Risks Associated with SFTs: European Commission Publishes Report

Orrick - Finance 20/20 on

The European Commission has published a report to both the European Parliament and the Council of the EU under Article 29(3) of the Regulation on reporting and transparency of securities financing transactions ((EU)...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review

Federal Reserve, OCC, FCA, FHFA and FDIC Adopt Joint Final Rule on Swap Margin Requirements - On October 22, the Office of the Comptroller of the Currency (the "OCC"), the Federal Reserve Board (the "Board"), the Farm...more

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