Regulation (EU) 2015/2365 on transparency of securities financing transactions (SFTR)

Overview

The Securities Financing Transactions Regulation (SFTR) introduces transparency requirements for securities financing transactions (SFTs) such as repurchase agreements, securities lending, and margin lending. It requires reporting of SFT details to trade repositories, imposes disclosure obligations on investment funds regarding their use of SFTs, and regulates the reuse of collateral. The regulation aims to improve financial stability by giving regulators better visibility into shadow banking activities. Regulation (EU) 2015/2365 applies from 12 January 2016 with phased implementation.

This eu regulation (32015L2365) is part of the EU’s legal framework governing financial markets. EU financial markets regulation harmonizes rules for investment services, regulated markets, and financial instrument trading to protect investors and maintain market integrity.

Type: EU Regulation

CELEX Number: 32015L2365

Date of Effect: See the official publication in the Official Journal of the European Union.

Key Provisions

Regulation (EU) 2015/2365 on transparency of securities financing transactions (SFTR) establishes the core legal framework in this field. For specific provisions, articles, and implementing measures, consult the full text on EUR-Lex.

Significance

This legislation represents a key component of EU law in the area of financial markets. It reflects the EU’s approach to harmonization and regulatory policy within the internal market framework.