Tech, Data Concerns Mount as SFTR Deadline Edges Closer
Industry experts voice concerns regarding the drafting of the regulation and the length of time to prepare, particularly as firms are still waiting on guidelines to be published.
With six months to go until the first go-live date for the Securities Financing Transactions Regulation (SFTR) in April 2020, industry experts have flagged concerns over the way the legislation has been drafted and is being rolled out, warning that the issues could impact compliance readiness and data quality.
Speaking on a panel about SFTR at SimCorp’s recent IUCM conference in Amsterdam, Mark Steadman, director of product development at the Depository Trust and Clearing Corporation (DTCC)
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