The Financial Stability Board has been spearheading a review of “shadow banking” entities and activities since the onset of the financial crisis. A key element of its work has been assessing the financial stability risks and strengthening regulation of securities lending and repo transactions. In the EU this work has resulted in the Regulation on Transparency of Securities Financing Transactions (the “SFT Regulation”) which came into force in January 2016.
This presentation will give an overview of the provisions of the SFT Regulation and the effect it is having on financial markets. An overview on the current status of other aspects of global shadow banking reform will also be provided.