General Information & Client Service
  • Americas: +1.212.553.1653
  • Asia: +852.3551.3077
  • China: +86.10.6319.6580
  • EMEA: +44.20.7772.5454
  • Japan: +81.3.5408.4100
Media Relations
  • New York: +1.212.553.0376
  • London: +44.20.7772.5456
  • Hong Kong: +852.3758.1350
  • Tokyo: +813.5408.4110
  • Sydney: +61.2.9270.8141
  • Mexico City: +001.888.779.5833
  • Buenos Aires: +0800.666.3506
  • São Paulo: +0800.891.2518
March 05, 2018

FSB issued detailed reporting guidelines for implementing the November 2015 FSB Global Securities Financing Data Standards. This document includes the main aspects of the FSB securities financing data collection (for example, scope, frequency, reporting deadlines), data template for national/regional authorities to report to the global aggregator, the codes for classification, and some Annexes aimed to help data reporting/processing and improve data quality. The reporting guidelines will be further updated as needed.

The document starts with an overview of the reporting guidelines where measures (as main information being collected) and characteristics (used in classification of measures) are briefly defined. Temporal aspects of the data are also described here. The next section describes the reporting guidelines in details, including dimensions that characterize the measures. Each dimension is briefly described and linked to data elements defined in the November 2015 Global Securities Financing Data Standards. The Standards provide a table for each data element with a code-list that should be used in reporting and set out the rules that should be met for successful validation of the reported data. The last section defines the procedures that are used in validation of the reported data. Annex 1 defines the reporting template. Annex 2 shows which set of tables should be reported by each national/regional authority and will be finalized once it is clarified which national/regional authority provides the data for each jurisdiction. Annex 3 illustrates the coverage of securities financing transactions (SFTs) that should be included in SFT reporting. Annex 4 illustrates how example of transactions from the November 2015 Global Securities Financing Data Standards should be reported while following these guidelines.

FSB, in November 2015, had published the Standards and Processes for Global Securities Financing Data Collection and Aggregation. The Standards and Processes build on policy recommendations to address financial stability risks in Securities Financing Transactions, which were published in August 2013. The November 2015 securities financing data standards would allow FSB to collect, from national/regional authorities, aggregated data on repos, securities lending, and margin lending, based on consistent definitions and minimal double-counting at the global level. To assess global trends and risks, FSB will further aggregate and analyze the total national/regional data submitted by the member jurisdictions. BIS will provide operational support for the collection and potential dissemination of aggregated securities financing data, serving as the global data aggregator.

 

Related Links

Keywords: International, Securities Financing Transactions, Data Standards, Reporting, FSB

Related Articles
News

FDIC Consults on Approach to Resolution Planning for IDIs

FDIC approved an Advance Notice of Proposed Rulemaking (ANPR) and is seeking comment on ways to tailor and improve its rule requiring certain insured depository institutions (IDIs) to submit resolution plans.

April 22, 2019 WebPage Regulatory News
News

HKMA Decides to Maintain Countercyclical Capital Buffer at 2.5%

HKMA announced that, in accordance with the Banking (Capital) Rules, the countercyclical capital buffer (CCyB) ratio for Hong Kong remains at 2.5%.

April 16, 2019 WebPage Regulatory News
News

EP Approves Agreement on Package of CRD 5, CRR 2, BRRD 2, and SRMR 2

The European Parliament (EP) approved the final agreement on a package of reforms proposed by EC to strengthen the resilience and resolvability of European banks.

April 16, 2019 WebPage Regulatory News
News

EP Resolution on Proposal for Sovereign Bond Backed Securities

The European Parliament (EP) published adopted text on the proposal for a regulation of the European Parliament and of the Council on sovereign bond-backed securities (SBBS).

April 16, 2019 WebPage Regulatory News
News

PRA Seeks Input and Issues Specifications for Insurance Stress Tests

PRA announced that it will conduct an insurance stress test for the largest regulated life and general insurers from July to September 2019.

April 15, 2019 WebPage Regulatory News
News

PRA Finalizes Policy on Approach to Managing Climate Change Risks

PRA published the policy statement PS11/19, which contains final supervisory statement (SS3/19) on enhancing banks’ and insurers’ approaches to managing the financial risks from climate change (Appendix).

April 15, 2019 WebPage Regulatory News
News

EBA Single Rulebook Q&A: First Update for April 2019

EBA published answers to nine questions under the Single Rulebook question and answer (Q&A) updates for this week.

April 12, 2019 WebPage Regulatory News
News

EIOPA Statement on Application of Proportionality in SCR Supervision

EIOPA published a supervisory statement on the application of proportionality principle in the supervision of the Solvency Capital Requirement (SCR) calculated in accordance with the standard formula.

April 11, 2019 WebPage Regulatory News
News

FED Updates Form and Supplemental Instructions for FR Y-9C Reporting

FED updated the form and supplemental instructions for FR Y-9C reporting. FR Y-9C is used to collect data from domestic bank holding companies, savings and loan holding companies, U.S intermediate holding companies, and securities holding companies with total consolidated assets of USD 3 billion or more.

April 11, 2019 WebPage Regulatory News
News

OSFI Finalizes Guidelines on Liquidity Adequacy and NSFR Disclosures

OSFI published the final Liquidity Adequacy Requirements (LAR) guideline and the net stable funding ratio (NSFR) disclosure requirements guideline.

April 11, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 2929