SFTR and EMIR Reporting for Custody Operations

Description

What is the SFTR and EMIR Reporting for Custody course about?

Build the reconciliation discipline that stops rejection queues before they reach the regulator. Custody operations teams submit thousands of reportable transactions daily under SFTR and EMIR. The gap that creates regulatory exposure is not framework ignorance. It is the missing control layer between the custody system, the reporting agent, and the trade repository validation logic. One mismatched UTI, one pairing failure, one.

Why this course?

What do you take away from the SFTR and EMIR Reporting for Custody course?

Diagnose a SFTR rejection queue item at the trade-state level without escalating to the reporting agent. Build and maintain the UTI generation and sharing discipline that prevents pairing failures. Construct a collateral leg reconciliation control that satisfies FCA and ESMA examination standards. Write the operational audit trail documentation that demonstrates timely error detection and correction. Map your custody system data fields to.

What you get with this course?

12 written modules covering the full SFTR and EMIR reporting control stack for custody operations. Downloadable UTI reconciliation checklist mapped to actual trade repository rejection codes. Collateral leg data sourcing template for triparty and bilateral repo structures. Rejection queue triage worksheet with root cause decision tree. Audit trail build guide formatted for FCA and ESMA supervisory review standards. Breach classification matrix with.

What you will have in hand by Day 1, Week 1, Month 1?

Course access and hand-built implementation playbook delivered within 24 hours of purchase. Each module is self-contained and takes approximately 45-60 minutes to work through at implementation depth. The full 12-module sequence, including building your control framework document, is designed for completion across 4-6 weeks alongside normal desk work.

What does the SFTR and EMIR Reporting for Custody cover on before and after?

Rejection queues get escalated to the reporting agent. The internal audit trail is reconstructed after the fact. Breach classification is decided by legal counsel under time pressure. The control framework exists only as a process map that does not reflect how the desk actually works. The custody operations team triages rejection queue items at the field level before escalating. The audit trail.

What happens if you do not address this?

SFTR and EMIR reporting obligations carry direct financial penalties for systemic reporting failures. More immediately, a custodian that cannot demonstrate it owns the diagnostic layer for its reporting errors is exposed during any FCA or ESMA supervisory review. The operational cost of that exposure is a remediation project, a third-party review, and a breach notification that could have been avoided with correct.

Who it is for?

Associates and analysts in custody operations, fund administration compliance, or securities services regulatory reporting who submit or oversee SFTR or EMIR reports and need to move beyond agent-reliance to own the regulatory control layer themselves.

More answers: what you get with every course, refund policy, all help answers.

A focused course, tailored for you

SFTR and EMIR Reporting for Custody Operations

Build the reconciliation discipline that stops rejection queues before they reach the regulator.

Custody operations teams submit thousands of reportable transactions daily under SFTR and EMIR. The gap that creates regulatory exposure is not framework ignorance. It is the missing control layer between the custody system, the reporting agent, and the trade repository validation logic. One mismatched UTI, one pairing failure, one incorrect collateral haircut submitted late creates a breach log entry that follows the firm into the next supervisory review.

$199 one-time

Tailored to your situation. Access within 24 hours. 30-day money-back.

Includes a hand-built implementation playbook delivered alongside course access, generated for your specific situation.

Why this course

Associates in securities services operations inherit reporting workflows built around legacy custody systems and reporting agents that abstract away the regulatory logic. When a rejection queue builds, the instinct is to escalate to the reporting agent. But ESMA and the FCA now expect the reporting firm to own the diagnostic. That means understanding trade state lifecycle, pairing and matching rules, the 2-leg reconciliation discipline under SFTR, the collateral leg reporting requirements, and the internal audit trail that demonstrates the firm detected and corrected errors within the required window. That operational depth is what this course builds.

What you walk away with

Diagnose a SFTR rejection queue item at the trade-state level without escalating to the reporting agent.
Build and maintain the UTI generation and sharing discipline that prevents pairing failures.
Construct a collateral leg reconciliation control that satisfies FCA and ESMA examination standards.
Write the operational audit trail documentation that demonstrates timely error detection and correction.
Map your custody system data fields to the SFTR and EMIR XML schema so mismatches surface before submission.
Prepare the regulatory breach response pack a supervisor will ask for if a reporting failure reaches the regulator.

The 12 modules

Module 1. The SFTR and EMIR Regulatory Architecture

Covers the reporting obligations that apply to securities financing transactions and OTC derivatives at a custodian or fund administration firm. Distinguishes SFTR counterparty types, EMIR clearing thresholds, and the branch-level reporting logic that determines which entity submits which leg. Associates learn to read the obligation map for their specific desk before touching the reporting workflow.

Module 2. Trade Repository Connectivity and Validation Logic

Works through how DTCC, Regis-TR, and KDPW validate incoming reports before acceptance. Covers the ISO 20022 XML schema fields that trigger the most common rejection codes, the pre-submission validation checks a reporting agent should run, and what the custody operations team must verify independently before the agent submits. Associates leave with a field-level validation checklist tied to actual rejection codes.

Module 3. UTI Generation, Sharing, and Reconciliation Discipline

Unique Transaction Identifiers are the single most common source of SFTR pairing failures. This module covers the waterfall for UTI generation responsibility, the timing window for sharing the UTI with the counterparty, the systems in a custodian environment that generate or consume UTIs, and the reconciliation check that confirms both legs submitted the same identifier. Includes a worked example from a triparty repo booking.

Module 4. Trade State Lifecycle and Amendment Discipline

SFTR requires reporting the full lifecycle of a trade: new, modify, correct, early termination, update, and position component. Associates work through the action-type decision tree for common custody events: partial returns on a repo, rate resets, collateral substitutions, and overnight rollovers. The module includes the error pattern where a modify is submitted as a new, doubling the reported position in the trade repository.

Module 5. Collateral Leg Reporting under SFTR

The collateral leg is where most securities services firms have the highest rate of late or incorrect reports. This module covers the collateral data fields required under SFTR Annex, the sourcing hierarchy for ISIN, market value, and haircut data in a custodian environment, the timing rule for collateral leg submission relative to the loan leg, and the reconciliation between the collateral management system and the report submitted. A worked example covers a tri-party basket substitution.

Module 6. EMIR Trade Reporting for the Custody Desk

Covers EMIR Refit obligations for custodians reporting on behalf of fund clients, the ISO 20022 schema migration, counterparty data requirements including LEI validation, the cleared versus uncleared distinction for OTC derivatives held in a fund's portfolio, and the delegated reporting arrangement documentation a custodian must maintain. Associates work through the gap analysis between the pre-Refit report and the current schema.

Module 7. Reconciliation Controls Between Custody System and Reporting Agent

The reporting agent abstracts the submission but the regulatory obligation stays with the firm. This module builds a bilateral reconciliation framework: what the custody system records, what the reporting agent submits, and the daily check that surfaces discrepancies before they become rejection queue items. Covers the data fields most likely to drift between the two systems, including notional, maturity date, and collateral ISIN.

Module 8. Rejection Queue Triage and Root Cause Methodology

When a trade repository returns a rejection, the custody operations team needs to diagnose the root cause before the reporting agent can correct and resubmit. This module provides a triage methodology: decode the rejection code, trace the field that triggered it back to the source system, determine whether the error is a data quality issue or a timing issue, and initiate the correction within the regulatory window. Includes a live rejection queue scenario.

Module 9. The Operational Audit Trail ESMA and the FCA Examine

ESMA and FCA supervisory reviews of transaction reporting look for the firm's own evidence of control. This module defines what that audit trail must contain: detection timestamp, triage record, correction action, and the sign-off chain. Associates learn to build the audit trail as a byproduct of the normal triage workflow rather than as a retrospective reconstruction, which is what most firms attempt when a supervisor opens a query.

Module 10. Regulatory Breach Classification and Notification

Not every reporting error is a notifiable breach, but the line between self-identified correction and regulatory breach is where firms most often misstep. This module covers the FCA's and ESMA's classification criteria, the internal escalation trigger for notifiable breaches, the content requirements for a breach notification letter, and the remediation plan structure that satisfies a supervisory follow-up. Worked example: a collateral leg reporting failure affecting 14 days of submissions.

Module 11. Cross-Border Reporting Obligations at a Global Custodian

A global custodian with fund clients across EU and UK jurisdictions faces dual-reporting obligations: SFTR under UK law and EU SFTR under ESMA jurisdiction, with diverging field requirements post-Brexit. This module maps the key divergences, covers the look-through obligation for fund-of-fund structures, and provides the decision framework for determining which regulator receives which report for a given transaction, fund domicile, and counterparty combination.

Module 12. Building the Supervisory-Ready Reporting Control Framework

The final module assembles the control points from each prior module into a single-page control framework document: the ownership matrix for each reporting obligation, the daily, weekly, and monthly reconciliation cadence, the escalation path for each error type, the audit trail standard, and the breach response procedure. Associates leave with a working control framework document they can adapt for their own desk and present to a compliance review or an internal audit.

How this addresses your situation

Specific modules that map to what you said you are dealing with.

Associate inherits a reporting workflow with no documented control layer and needs to know where to start building one.

Rejection queue has built up over multiple submissions and the firm is approaching the correction window deadline.

Internal audit has flagged that the custody operations team cannot evidence timely detection of reporting errors.

New EMIR Refit obligations require updating the delegated reporting arrangement and the data sourcing logic.

What you get with this course

12 written modules covering the full SFTR and EMIR reporting control stack for custody operations.
Downloadable UTI reconciliation checklist mapped to actual trade repository rejection codes.
Collateral leg data sourcing template for triparty and bilateral repo structures.
Rejection queue triage worksheet with root cause decision tree.
Audit trail build guide formatted for FCA and ESMA supervisory review standards.
Breach classification matrix with notification trigger criteria.
Hand-built implementation playbook tailored to your custody desk's reporting environment, delivered alongside course access.

What you will have in hand by Day 1, Week 1, Month 1

Course access and hand-built implementation playbook delivered within 24 hours of purchase.

Each module is self-contained and takes approximately 45-60 minutes to work through at implementation depth.

The full 12-module sequence, including building your control framework document, is designed for completion across 4-6 weeks alongside normal desk work.

Before and after

Before

After

The custody operations team triages rejection queue items at the field level before escalating. The audit trail is built as a byproduct of the daily workflow. Breach classification is a documented decision with a clear escalation trigger. The control framework is a live document that satisfies internal audit and supervisory review.

What happens if you do not address this

Who it is for

Who this is NOT for. Front-office traders who do not touch the reporting chain. Firms that are EMIR non-financial counterparties below threshold with no SFTR exposure. Legal or compliance advisors who need policy background rather than operational implementation.

How it arrives

Text-based course in the Art of Service learning environment, plus downloadable templates and worked examples for every module, plus the hand-built implementation playbook delivered alongside course access.

Time investment. 45-60 minutes per module. 12 modules. Designed to fit around a full custody operations schedule.

Why $199 is the right number

Generic transaction reporting training covers the regulation but not the custody-specific operational layer. Reporting agent documentation describes the submission interface but not the internal control discipline the firm must own. This course builds the middle layer: the reconciliation, triage, audit trail, and breach response competency that sits between the custody system and the regulator.

FAQ

Does this cover UK SFTR, EU SFTR, or both?

Module 11 covers the post-Brexit divergence between UK SFTR and EU SFTR in detail, including the field-level differences and the reporting logic for funds with dual-jurisdiction exposure. The core modules are applicable to both regimes.

Is this relevant if we delegate reporting to an agent?

Yes. The regulatory obligation stays with the reporting firm regardless of delegation. This course builds the control layer the firm must own on top of whatever the agent provides, including the reconciliation between what the agent submits and what the firm's systems record.

Does the course cover EMIR Refit specifically?

Module 6 covers EMIR Refit: the ISO 20022 migration, new counterparty data fields, LEI validation requirements, and the gap analysis from the pre-Refit schema.

What is the implementation playbook?

It is a hand-built document tailored to your role and desk environment, delivered within 24 hours of purchase. It maps the course's control framework to your specific reporting obligations, custody system, and regulatory jurisdiction so you can apply the methodology directly without translation.

30-day money-back guarantee. If after a week of working through the materials this is not what you needed, reply to the receipt email and a full refund is processed. No questions, no forms.

Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.