Options 1 & 2 for reporting + back dated thoughts

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• Options 1 & 2 for reporting + back dated thoughts

Options 1 & 2 for reporting + back dated thoughts

Status: Finalised Last Updated: 15/02/2024

Question:
Options 1 & 2 for reporting + back dated thoughts:

1. Option 1 going through current provider when up and running:

• Respectful of all backdated events and trades in chronological order

2. Option 2 some agent lenders have selected to go to an alternative route

• In that case, alternative route offers a reporting on a go forward basis based on outstanding trades, so original size allocations are not in scope, however there is still a back reporting requirement:

  • If outstanding allocations, we can back report event date in the past that will update the TAR but not the latest TSR

  • If missed allocations we can update the TAR but not the latest TSR

  • For ETRM’s where the trades are still open, see point b) above

  • For ETRMs where a maturity date already exists see Maturity Date Trades section

Best Practice:

(SFTR-838)