Technology Holds the Key for SFTR

Although the final rules are yet to be published, the reporting requirements are likely to take effect in the first quarter of 2020, which means firms should be assigning project teams and technology resources now to prepare. Ratification is pending the finalization of regulatory technical standards (RTS), but it is increasingly likely that SFTR, first introduced in January 2016, could be ratified in the coming weeks. In July 2018, the European Commission (EC) issued a formal letter to the