ESMA Publishes New SFTR Validation Rules

ESMA Publishes New SFTR Validation Rules

ICYMI – ESMA has published new SFTR validation rules and an updated version of the ISO 20022 xml-schema applicable from 31 Jan 2022. The changes in new versions are minor and include a number of clarifications around loan and collateral data fields, generally mandating a greater degree of granularity in the reporting. The new validation rules include a number of fields becoming mandatory for additional action types, clarification that issuer LEI must not be branch LEI as well as a number of additional clarifications. The new schemas and validation rules are available here.