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Economic outside of SFT

Economic outside of SFT

Description

TBC

Best Practice

For example, Cash Bonus & Interest payments.

Effects on SFTR reports:

- All of the events within this cluster of corporate actions, require a cash payment which does not affect theexisting SFT.

- None of these CAs will require a new SFT booking, and therefore will not entail UTI generation etc.- As the value of the security on loan may change, collateral will move to reflect the new value. This will be reported via the daily COLU report. (COAC-117 FOR ISLA REVIEW)

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