Council and EP agree SFT provisions: Council and the European Parliament (EP) have agreed measures to improve the transparency of securities lending and repurchase transactions under the Securities Financing Transactions Regulation (SFT Regulation). The SFT Regulation focuses on:

  • monitoring of build-up of systemic risks in the financial system related to securities financing transactions;
  • disclosure of information on such transactions to investors; and
  • reuse by banks or brokers for their own purposes of collateral provided by their clients.

Once formally approved by EP and adopted by the Council, the SFT Regulation will be published in the Official Journal of the EU. (Source: Council and EP Agree SFT Provisions)