431. Article 1(1) RTS on data collection provides the different checks that a TR needs to carry out to ensure the correctness and completeness of SFT data reported pursuant to Article 4 SFTR.
432. The TR should provide rejection feedback in accordance with the following rejection categories:
a. Schema validation of a submission as per Article 1(1)(b) RTS on data collection
b. Authorization/permission of a report submitting entity as per Article 1(1)(c) RTS on data collection
c. Logical validation of a submission as per Articles 1(1)(d) to 1(1)(j) RTS on data collection
d. Business rules or content validation of a submission in accordance with Article 1(1)(k) RTS on data collection and included in the validation rules and as provided in these Guidelines
433. It is worth noting that the authentication of an entity will be performed by the TR at the time of connection to the TR system; Hence no specific rejection feedback will be provided.
434. The TR should verify compliance of the file
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