6. The reporting obligation under Article 4(1) SFTR applies according to the relevant date of the application specified in Article 33(2)(a)(i) SFTR. The first phase of the obligation becomes applicable on 11 April 2020, which is Saturday. Pursuant to Article 4(1) SFTR the counterparties should comply with their reporting obligation no later than the working day following the conclusion, modification or termination of the transaction.
7. The entities referred under Article 33(2)(a)(i) SFTR, established in EU member states where 13 April is not a public holiday, i.e. it is a working day, should start reporting by 13 April 2020 the SFTs concluded on or after 11 April 2020.
8. The entities referred under Article 33(2)(a)(i) SFTR, established in EU member states where 13 April is a public holiday, i.e. it is not a working day, should start reporting by 14 April 2020 the SFTs concluded on or after 11 April 2020.
9. The same approach should be followed for the rest of the dates of application
…