SFTR Draft Technical Standards – ESMA and the European Commission Disagree

On 5 September 2018 the European Securities and Markets Authority (“ESMA”) published an Opinion (here) rejecting the European Commission’s (“EC”) proposed amendments to the draft technical standards on the details of securities financing transactions to be reported to trade repositories and the format and frequency of such reporting (the “Opinion”).  The EC may now adopt or amend the draft technical standards.

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