Schengen Area and Securities Financing Transaction: Difference between pages

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imported>Doug Williamson
(Create the page. Source: Schengen visa information website: http://www.schengenvisainfo.com/schengen-visa-countries-list/)
 
imported>Doug Williamson
m (Categorise.)
 
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''European Union (EU)''.
(SFT).


Collective term for the 26 European countries - 22 EU member states, plus four other countries - which have open borders between them.
SFTs allow market participants to access secured funding by using their own assets to finance themselves.  


This involves the temporary exchange of assets as collateral for a funding transaction.


The 22 participating EU member states are:


:Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain and Sweden.
An example of an SFT is a repurchase agreement.


The other four members of the Schengen Area are:


:Iceland, Liechtenstein, Norway and Switzerland.
== See also ==
 
* [[Collateral]]
 
* [[Repurchase agreement]]
====Four EU member states expected to join Schengen====
* [[Security]]
The following EU member states are expected to join the Schengen Area in due course:
* [[SFTR]]


:Bulgaria, Croatia, Cyprus and Romania.
[[Category:Corporate_financial_management]]
 
[[Category:Cash_management]]
 
====Two EU member states opted out of Schengen====
Ireland and the United Kingdom (UK) have opted out of the Schengen arrangements.
 
A referendum held in the UK in June 2016 resulted in a vote in favour the the UK leaving the European Union itself.
 
 
====Origins====
The originating Schengen Agreement was signed in 1985 in the Luxembourg village of Schengen, by five countries:
 
:Belgium, France, Germany, Luxembourg and the Netherlands.
 
 
 
== See also ==
* [[Brexit]]
* [[European Economic Area]]
* [[European Union]]
__NOTOC__

Revision as of 11:15, 2 May 2018

(SFT).

SFTs allow market participants to access secured funding by using their own assets to finance themselves.

This involves the temporary exchange of assets as collateral for a funding transaction.


An example of an SFT is a repurchase agreement.


See also

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