Participants at a LFMA event on 28 June confirmed that the transition to ESTR will create significant operational- and treasury - related changes , and agreed that a thorough preparation phase would be necessary to ensure a successful transition . The main areas of focus are lending and lending , risk management , legal documentation , accounting and treasury management .
Participants at a LFMA event on 13 June confirmed that the transition to ESTR will create significant operational- and treasury-related challenges, and agreed that a thorough preparation phase would be necessary to ensure a successful transition. The main areas of concerns included trading and hedging, risk management, legal documentation, accounting and treasury management.