SFTR

EU Regulation on Transparency of Securities Financing Transactions and of Reuse (2015/2365), aka the securities financing transaction regulations and colloquially SFTR, is a large and pointless EU Regulation which causes unassuaged excitement amongst lawyers and profound ennui amongst everyone else.

This is the regulatory initiative that, so say some commentators, nearly caused the boredom heat death of the universe, when some well meaning industry associations produced a File:SFTR-information-statement.pdf explaining to seasoned industry professionals what was meant by title transfer.