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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

ANNEX I Table 1 Reconciliation fields, tolerance levels and start date of the reconciliation phase Table 2 Reasons for rejection of an SFT report Table 3 Results of the reconciliation process

Table 1 Reconciliation fields, tolerance levels and start date of the reconciliation phase

Table

Section

Field

Tolerance

Start date mentioned in:

Counterparty data

NA

Reporting counterparty

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Counterparty data

NA

Counterparty side

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Counterparty data

NA

Other counterparty

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Unique Transaction Identifier ("UTI")

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Type of SFT

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Cleared

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Clearing timestamp

one hour

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

CCP

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Trading venue

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Master agreement type

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Execution timestamp

one hour

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Value date (Start date)

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Maturity date (End date)

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Termination date

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Minimum notice period

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Earliest call-back date

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

General collateral Indicator

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Delivery By Value ("DBV") indicator

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Method used to provide collateral

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Open term

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Termination optionality

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Fixed rate

Up to third digit after decimal

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Day count convention

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Floating rate

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Floating rate reference period — time period

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Floating rate reference period — multiplier

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Floating rate payment frequency — time period

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Floating rate payment frequency — multiplier

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Floating rate reset frequency — time period

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Floating rate reset frequency — multiplier

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Spread

Up to third digit after decimal

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Margin lending currency amount

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Margin lending currency

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Adjusted rate

Up to third digit after decimal

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Rate date

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Principal amount on the value date

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Principal amount on the maturity date

0,0005 %

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Principal amount currency

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Type of asset

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Security identifier

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Classification of a security

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Base product

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Sub — product

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Further sub — product

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Quantity or nominal amount

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Unit of measure

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Currency of nominal amount

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Security or commodity price

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Price currency

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Security quality

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

Transaction data

Loan

Maturity of the security

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

Transaction data

Loan

Jurisdiction of the issuer

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

Transaction data

Loan

LEI of the issuer

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

Transaction data

Loan

Security type

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

Transaction data

Loan

Loan value

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Market value

0,0005 %

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Fixed rebate rate

Up to third digit after decimal

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Floating rebate rate

Up to third digit after decimal

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Floating rebate rate reference period — time period

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Floating rebate rate reference period — multiplier

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Floating rebate rate payment frequency — time period

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Floating rebate rate payment frequency — multiplier

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Floating rebate rate reset frequency — time period

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Floating rebate rate reset frequency — multiplier

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Spread of the rebate rate

Up to third digit after decimal

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Lending fee

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Exclusive arrangements

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Loan

Outstanding margin loan

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Base currency of outstanding margin loan

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Short market value

0,0005 %

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Uncollateralised Securities Lending ("SL") flag

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Collateralisation of net exposure

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Value date of the collateral

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Type of collateral component

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Cash collateral amount

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Cash collateral currency

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Identification of a security used as collateral

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Classification of a security used as collateral

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Base product

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Collateral

Sub — product

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Collateral

Further sub — product

No

Article 33(2)(a)(iv) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Collateral

Collateral quantity or nominal amount

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Collateral unit of measure

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Collateral

Currency of collateral nominal amount

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Price currency

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Collateral

Price per unit

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Collateral

Collateral market value

0,0005 %

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

+ 24 months

Transaction data

Collateral

Haircut or margin

Up to third digit after decimal

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Collateral quality

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Maturity date of the security

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Jurisdiction of the issuer

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

LEI of the issuer

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Collateral type

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Availability for collateral reuse

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Collateral

Collateral basket identifier

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Transaction data

Loan

Level

No

Article 33(2)(a)(i) of Regulation (EU) 2015/2365

Table 2 Reasons for rejection of an SFT report

Rejection categories

Reason

Schema

— the SFT has been rejected because of non-compliant schema

Permission

— the SFT has been rejected because the report submitting entity is not permissioned to report on behalf of the reporting counterparty

Logical

— the SFT has been rejected because the action type for the SFT is not logically correct

Business

— the SFT has been rejected because the SFT is not complying with one or more content validations.

Table 3 Results of the reconciliation process

Reconciliation categories

Reconciliation values

Reporting type

Single-sided/Dual-sided

Reporting requirement for both counterparties

Yes/No

Pairing Status

Paired/Unpaired

Loan reconciliation status

Reconciled/Not reconciled

Collateral reconciliation status

Reconciled/Not reconciled

Further modifications

Yes/No