One or Two-sided reconciliation?

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Status: Best Practice Finalised, Last Updated: 15/02/2024

Question:
Two-sided reporting requiring reconciliation:

Raising Awareness:
1. When assessing your individual firm challenges to report its worth thinking about is your reporting vs. your cpty two sided or one sided.
2. In the spirit of the SFTR regulation all "back reporting" should be done whether this is one sided or two sided.
3. One sided reports will not be paired, matched, or be presented for reconciliation.

Best Practice:
(SFTR-827)