Reporting Collateral Data II
Richard Comotto
30 years: Money markets
Richard discusses reporting further collateral data. Specifically, he looks at the different types of collateral, at a data field called the General Collateral Indicator, and at referential data about securities collateral and transactional data, such as prices and quantities of collateral.
Richard discusses reporting further collateral data. Specifically, he looks at the different types of collateral, at a data field called the General Collateral Indicator, and at referential data about securities collateral and transactional data, such as prices and quantities of collateral.
Join now to start learning today
Finance Unlocked is the video learning platform built for finance professionals.
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
Reporting Collateral Data II
13 mins 5 secs
SFTR is a major regulatory reporting requirement for anyone transacting repo and other securities financing transactions in the EU, no matter how limited their activity. The reporting requirements cover all aspects of these transactions, including life-cycle events and re-use of collateral, and are therefore complex.
In order to meet the regulator’s demand for complete, accurate and timely data, firms are devoting considerable resources to the speedy remediation of rejected or unreconciled reports. It is likely that, at least initially, a high percentage of reports will be rejected or be qualified as incomplete or inaccurate, primarily due to poor drafting of the regulation and accompanying material.
This course provides a systematic and detailed insight into reporting repos under SFTR that uniquely incorporates the results of the work by the industry (the ICMA SFTR Task Force) on interpreting the regulatory requirements, filling in the gaps and dealing with the contradictions and mistakes.
Key learning objectives:
Identify the different types of collateral
Explain how to report haircuts
Describe the General Collateral Indicator
Understand how to report referential data for securities
Outline the transactional data that is required for collateral
Book a demo to access
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
Richard Comotto
09:11
08:04
17:00
18:11
18:45
19:45
20:23
15:17
22:10
Related videos
Loan Data II
In this video, Richard looks at the reporting of loan data for life-cycle events and basic deal parameters. He specifically covers the types of life-cycle report in terms of Action Types, the Event Date field in reports and other reported dates. He also covers the reporting of transaction size, repo rates, both fixed and floating, and the price of buy/sell-backs.
Richard Comotto • 17:00
Reporting Collateral Data I
In this video, Richard will discuss reporting collateral data, beginning with general data. This covers the level of collateral reporting, as well as collateral updates reports. He will also explain how collateral is used with repo, both the underlying collateral and variation margin. This video was shot on the 10th of June 2020, and reflects the status of regulation as at that date. This video will periodically be updated to reflect any pertinent changes in regulation.
Richard Comotto • 16:20