On 5 March 2020, the ICMA published FAQs on Central Securities Depositories Regulation (CSDR) mandatory buy-ins and securities financing transactions (SFTs). The FAQs are intended to outline considerations and, where possible, to provide clarity with respect to the application of CSDR buy-ins in the case of repos and other SFTs. The FAQs will be updated in light of new guidance from the European Securities and Markets Authority and agreed market best practice.
