The reporting is submitted to a licensed Repository;
Reporting obligations are binding for all counterparties;
Activities to be reported are the conclusion, termination and modification of any securities financing transaction;
Reporting is on a T+1 basis for all activities;
Records must be maintained for a minimum of 5 years after the termination of the transaction;
Where Repositories detect that both sides of the trade are subject to SFTR reporting, they should ensure that the details reported by both parties match;
Reports made to TRs must be in the ISO20022 XML format – other formats (such as csv, Excel, FpML, FIXML etc.) must be rejected by TRs.