Karatzas and Partners Law Firm

HCMC confirms postponement of SFT reporting

 kp covid

The Hellenic Capital Market Commission has confirmed that, in accordance with the ESMA Public Statement dated March 18, 2020 (ESMA80-191-995), it will not prioritise its supervisory actions with respect to the reporting of securities financing transactions (SFTs) by credit institutions, investment firms and relevant third-country entities, which should start on April 13, 2020. SFT reporting by such entities, under both SFTR and MiFIR, has actually been postponed to the next phase of the reporting regime. You may find the full article here: COVID19-HCMC_confirms_postponement_of_SFT_reporting.pdf