On 23 September 2022, the International Capital Market Association (ICMA) published an updated version of its detailed recommendations for reporting under SFTR. The updated guidance includes six new questions and numerous further updates, reflecting new insights as well as additional guidance from the European Securities and Markets Authority (ESMA), e.g. regarding the reporting of central bank securities financing transactions in the UK, guidance on the reporting of settlement fails, other Q&As issued by ESMA, as well as statements on the reporting of third-county issuer legal entity identifiers from both ESMA and the FCA.