With growing regulatory attention on SFTR delegated reporting arrangements, particularly for buy-side firms using agent lenders, our SFTR Daily Controls can be active within days and ensures that your reporting obligations are met—accurately, efficiently, every day.
When firms outsource securities lending, agent lenders report under SFTR via the industry-standard Master Regulatory Reporting Agreement. However, responsibility for accurate reporting still rests with the firm.
The agreement includes no mechanisms for clients to ensure reporting is complete, accurate, or timely.
Kaizen is aware of increased scrutiny from regulators on buy-side firms’ SFTR delegated reporting arrangements. This is in response to an issue whereby an agent lender had not closed open loan positions for a number of customers.
Incorrect collateralisation of your lending or reports that signify under-collateralisation could be a material risk to your portfolio. Accurate and timely data allows you to make business decisions quickly and with confidence.
All Kaizen clients have direct access to our team of experienced subject matter experts who consist of former regulators and recognised industry specialists. A dedicated relationship manager will also support you every step of the way.
Clients automatically become part of our community of regulatory reporting professionals which includes regime-specific forums held with our regulatory experts, specialist educational content, and regular virtual and face to face events.
Please get in touch to arrange a call with one of our regulatory specialists and see how our SFTR Daily Controls can help you.
* indicates required fields