REGIS-TR confirmed as trade repository for BME Group
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REGIS-TR confirmed as trade repository for BME Group 10 September 2018London Reporter: Jenna Lomax
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REGIS-TR has been chosen as the trade repository (TR) for BME Group, providing a reporting service solution for Securities Finance Transaction Regulation (SFTR) requirements.
SFTR requires EU counterparties to report their securities finance transaction details to a registered trade repository.
REGIS-TR’s SFTR reporting solution combines experience as one of the European Market Infrastructure Regulation (EMIR) trade repositories, and the only TR with approval for both EMIR and The Financial Market Infrastructure Act.
The BME Group will now be able to offer a solution enabling customers to meet their reporting obligations in an efficient and cost-effective manner.
David Retana, managing director of REGIS-TR, commented: “We’re delighted to be offering our SFTR services to the BME Group.”
He added: “This announcement marks the continuation of our close collaboration with the BME Group to alleviate the reporting burden for market participants to the greatest extent possible.”
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