REGIS-TR, the pan-European specialist in G20 trade repository services, will collaborate with Market FinReg, one of the leading providers of analysis, financial training, and remediation services for the securities finance industry, to provide a comprehensive training solution for the Securities Financing Transactions Regulation (SFTR). The training can be delivered both in person and online.
Following consultation with the European Commission and ESMA, Market FinReg developed the world’s first SFTR transaction reporting training programme, which was subsequently accredited in April 2018. The training solution comprises a comprehensive end-to-end solution allowing delegates to understand the backdrop of SFTR.
The training solution is live and can be offered both in person at REGIS-TR’s premises in London, Luxembourg, Madrid and Frankfurt and also online allowing delegates from across Europe and the world to receive high-quality training from the convenience of their office.
“We have received significant demand from participants for training and insight into SFTR and its reporting regime. With Market FinReg having taken an industry lead in advocating and liaising directly with the European Commission and ESMA, and with our pedigree as a leading pan-European Trade Repository, participants now have access to one of the most advanced SFTR training programmes. We’re delighted to be working with Market FinReg on this initiative,” said John Kernan, Head of Product Management and Business Development, REGIS-TR.
Seb Malik, Managing Director, Market FinReg, said: “There is a real thirst for granular knowledge in the industry; by collaborating with a leading trade repository, we can ensure that our joint expertise is presented to firms far and wide. 2019 will be all hands on deck for SFTR implementation for thousands of firms; I am, of course, delighted to be working with REGIS-TR – the specialist pan-European trade repository whose name speaks for itself. This collaboration empowers thousands of UCITS, Alternative Investment Funds, MiFID II firms, banks, insurance companies and other affected parties to understand the granular details of precisely what SFTR entails and how to transaction report. I look forward to working with REGIS-TR in delivering SFTR training.”
REGIS-TR is open to financial and non-financial institutions and services all of the major regulatory reporting obligations in Europe. The trade repository collects and administers details of trades and transactions reported by its clients to give market participants and regulators an aggregated view of positions in compliance with the appropriate regulations. In addition to its core services, REGIS-TR is already progressing well towards its goal of becoming a one-stop-shop for regulatory reporting requirements. In addition to SFTR, it already provides cost effective EMIR and FinfraG regulatory reporting services to more than 1,500 client accounts – facilitating transparency to national and pan-European regulatory bodies.
About Market FinReg
Market FinReg (MFR) is a leading financial services consultancy operating with national regulators, ARMs, Trade Repositories, MiFID II Investment firms and other financial entities. MFR provides primary research, guidance via consultancy and training to the industry. MFR is rapidly establishing itself as the go-to firm for expert regulatory insight.