ARTICLE
4 December 2015

Financial Stability Board Publishes Finalized Standards For Global Securities Financing Data Collection

SS
Shearman & Sterling LLP

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On November 18, 2015, the Financial Stability Board published its finalized standards and processes for global securities financing data collection and aggregation.
United States Finance and Banking

On November 18, 2015, the Financial Stability Board published its finalized standards and processes for global securities financing data collection and aggregation. The report sets out the data that national regulators are to report as aggregates to the FSB, for financial stability purposes. The standards, amongst other things, define the data elements for repurchase agreements, securities lending and margin lending that national regulators will be asked to report to the FSB. The report also sets out recommendations for national regulators on the collection of data from market participants, so that timely and comprehensive visibility into trends and developments in these markets can be obtained.

The FSB's standards and processes are available at: http://www.financialstabilityboard.org/wp-content/uploads/FSB-Standards-for-Global-Securities-Financing-Data-Collection.pdf.

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