Q24. Do you agree with the proposed rules for reporting of Field 1.17? Are there any other instances that would need to be clarified? Please detail the reasons for your answer.
187. As explained in the CP, counterparties should always populate the field "Central Securities Depository (CSD) participant or indirect participant" even in scenarios when an SFT settles outside a CSD. ESMA asked consultation respondents whether they felt additional guidance was needed for the reporting of this field.
188. There were 12 responses to this question. The proposals in the CP’s guidelines were generally supported by respondents.
189. Participants presented cases where this field is not applicable according to the Level 2 reporting standards. It is correct that the field is not applicable to commodities transactions. It is correct that the field is not applicable to margin lending transactions.
190. One respondent suggested that when the reporting counterparty is using an Agent Lender / Custodian
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