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Revision as of 18:46, 25 January 2017 (view source) Amwelladmin (talk \| contribs) (Created page with "There is a school of thought that the Heat death of the universe was only narrowly avoided during the implementation of the [[securities financing transaction regulations]...")		Latest revision as of 13:07, 5 April 2023 (view source) Amwelladmin (talk \| contribs) No edit summary
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	~~There is a school of thought that the~~ [[~~Heat~~ death]] of the universe was only narrowly avoided during the implementation of the [[securities financing transaction regulations]] when a cartel of well-meaning industry associations and their respective [[legal working group\|legal working groups]] jointly produced a [[Media:SFTR-information-statement.pdf\|fifteen page, 5,000 word document]] explaining the concept of [[title transfer]].		The [[boredom heat death]] of the universe was only narrowly avoided during the implementation of the [[securities financing transaction regulations]] when a cartel of well-meaning industry associations and their respective [[legal working group\|legal working groups]] jointly produced a [[Media:SFTR-information-statement.pdf\|fifteen page, 5,000 word document]] explaining the concept of [[title transfer]].

			To this day, financial institutions around [[EEA\|Europe]] have whole departments whose only function is to send [[SFTR]] disclosures to each other. Once a year, at Christmas, their email batteries fall silent and they meet atop the trenches for a game of football in No-Man’s Land.