REGIS-TR bolsters SFTR team in Germany 20 December 2019Frankfurt Reporter: Maddie Saghir
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REGIS-TR has added Lucija Basic to its Frankfurt sales and relationship management team as part of its drive to further expand and support its Securities Financing Transactions Regulation (SFTR) client base in Germany.
REGIS is a European trade repository (TR) owned by Deutsche Boerse and BME, the Spanish stock exchange, that provides consolidated regulatory reporting services under all major European TR obligations.
Based in Frankfurt, Basic joins from Eurex Clearing, where she supervised the migration of clearing and trading members and acted as a client consultant for Brexit planning.
Basic will report to Nick Bruce, business development manager at REGIS-TR, who said: 鈥淪he will focus specifically on SFTR, leading engagement and providing critical, proactive thought leadership and support for our clients as they finalise their plans in the run-up to the start date.鈥�
Currently, REGIS is preparing for the introduction of SFTR, which is due to come into force in April 2020 and will require banks and investment firms to report their securities finance transactions to a registered trade repository for the first time.
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