4.13.1 Timing of valuations
130. When an SFT is cleared, information related to valuations sourced from the CCP should be used for SFTR reporting.
131. The market value of the securities should be the one as at close of business of each business day, and it should be reported no later than T+1, reflecting the valuation used for collateral management purposes, e.g. to calculate daily variation margin.
132. Counterparties should report the market value of their SFTs using the market prices and FX rates that those counterparties have used during the course of that business day for exposure management purposes. For securities lending transactions, this would generally mean that the market values reported as at close of business on any given day would be the closing prices of the securities as of the previous business day and reported no later than T+1.
133. If valuations for two different days are provided, the counterparties should populate Field 2.3 "Event date" accordingly for each diff
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