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Nick Stafford | published on 9th May 2017
SFTR Implementation Dates
In March ESMA published its final RTS for SFTR. This doesn’t mean the 12 month implementation countdown has begun. We expect the European Comission and Parliament to ratify the RTS and publish it in the Official Journal of The European Union by October 2017. This would mean an SFTR go-live date of October 2018.
Whilst market participants are all at varying stages on the journey to prepare for SFTR, the requirement is also likely to hit Trade Repositories quite hard. The question is: will everyone be ready?