It is noted today, that the European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has withdrawn the trade repository (TR) registration of UnaVista TRADEcho B.V. (UnaVista) under the Securities Financing Transactions Regulation (SFTR).
Every UnaVista client has already been transferred to a TR of their choice.
The withdrawal decision follows the official notification to ESMA by UnaVista of its intention to renounce its TR registration under the conditions set out in Article 10(1)(a) of SFTR.
UnaVista has been registered as a TR under SFTR since 7 May 2020.
SFTR provides that ESMA shall withdraw the registration of a TR where the TR expressly renounces its registration.
ESMA has updated its list of authorised trade repositories.