The Council of the EU has adopted the proposed Regulation on reporting and transparency of securities financing transactions (SFT Regulation).

By introducing binding and reporting requirements, the SFT Regulation will discourage banks and other financial intermediaries from shifting transactions to the less-regulated shadow banking sector. It will ensure that information on securities financing transactions is efficiently reported to trade repositories and investors in collective investment undertakings.

The SFT Regulation will next be published in the Official Journal of the EU and enter into force 20 days thereafter.

View Shadow banking: Council adopts transparency rules on securities financing transactions, 16 November 2015