SFTR Clause Samples
SFTR. Where you have provided Renaissance with Securities pursuant to a title transfer collateral arrangement or a security collateral arrangement, in accordance with Article 15 of the SFTR you hereby:
(a) grant express consent to a right of use of Securities provided under a security collateral arrangement or agree to provide Securities by way of a title transfer collateral arrangement; and
(b) confirm that you have been duly informed by Renaissance of the risks and consequences that may be involved in consenting to a right of use of Securities provided by you under a security collateral arrangement or of concluding a title transfer collateral arrangement which are set out in full detail at and available on ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/we-are/legal-information Customer Document Pack – Standard Schedules - Information Statement (Securities Financing Transactions Regulation) (Direct Link here: 5eceaf7e30c30Information-Statement-Securities-Financing-Transactions-Regulation.pdf (▇▇▇▇▇▇.▇▇▇))
SFTR. The Customer acknowledges receipt from Renaissance of the information statement in accordance with Article 15 of the SFTR, published on 13 May 2016 by the International Swaps and Derivatives Association, Inc., the Association for Financial Markets in Europe, the Futures Industry Association, Inc., the International Capital Market Association, the International Securities Lending Association and the Securities Industry and Financial Markets Association.