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European Commission Confirms Scope of Securities Financing Transactions Regulation for Non-EU Funds
02/10/2020In a letter published by the International Securities Lending Association, the European Commission confirms that the reporting obligations of the EU Securities Financing Transactions Regulation will not apply to non-EU Alternative Investment Funds, even if the manager is an EU AIFM, except for SFTs concluded in the course of the operations of the non-EU AIF’s EU branch.
View the letter.
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