Exclusive Arrangements

Field 2.68 | Matching Date: 2023-01-01 | Tolerance: None | Agent Lender Data Provision: No>

Status: Best Practice Finalised, Last Updated: 26/04/2021

Field 2.68 | Matching Date: 2023-01-01 | Tolerance: None | Agent Lender Data Provision: No

Description:
In the case of securities borrowing and lending, indication whether the borrower has exclusive access to borrow from the lenders securities portfolio.

Best Practice:
If Field 2.40 (Type of Asset) is populated with "SECU" this field should be populated with either "TRUE" or "FALSE",
else it shall be left blank.

For securities lending and borrowing, this field indicates whether the borrower has entered into an exclusive arrangement to borrow from the lender's asset portfolio. This field is not applicable to commodities.

Note: Where indicated as "TRUE" members have indicated the fee will not be applied to a trade as it is not possible to apply or apportion given the nature of how exclusive fees are normally arranged on a portfolio basis and there is no other way to report within the current SFTR reporting structure. (SFTR-88)