In the new world of enhanced market transparency and best practice, it seems that no financial product is untouched by new regulation. SFTR adds another layer of reporting obligation onto both financial and non-financial counterparties. As with EMIR and MiFIR, SFTR will impact firms previously beyond the scope of reporting, such as asset managers insurers who lend securities and the hedge funds and prop traders who borrow them.

Click here to read the full progress report by Abide’s Chris Dingley.