SFTR Reporting
Regulatory Reporting
SFTR
MiFIR Transaction Reporting is our service that allows clients to report their transactions in Financial Instruments as per the requirements of the Markets in Financial Instruments Regulation (MiFIR, Article 26) to the National Competent Authority (NCA), either directly or through an Approved Reporting Mechanism (ARM). Transaction data received on our Polaris Platform is processed, enhanced, validated and subsequently submitted in the format prescribed by each NCA.
The scope of SFTR includes:
- A repurchase transaction (REPO)
- Securities or commodities lending and borrowing
- A buy-sell back transaction or sell-buy back transaction
- A margin lending transaction