ESMA_QA_1245
Status: ✅ Answer Published
Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1245
Regulatory Context
Regulation : SECR
Level 1 Regulation: Securitisation Regulation (EU) 2017/2402
Level 2 Regulation: No information available
Level 3 Regulation: No information available
Topic: Securitisation Disclosure Templates
Subject Matter: Securitisation Disclosure Requirements and Templates
Question
Submission Date: 19 November 2021
When will ESMA begin registering Securitisation Repositories and how is reporting carried out until then?
ESMA Answer
Answer Date: 19-11-2021
[ESMA 33-128-563 Securitisation Q&A, Q&A 5.1.1.c] ESMA began accepting applications for registration as Securitisation Repository on 23 September 2020. Entities wishing to become a registered securitisation repository, should consult ESMA’s Guidance on registering securitisation repositories of 2 December 2019 (ESMA80-191-932). Until at least one securitisation repository has been registered by ESMA, information that should normally be made available by reporting entities to securitisation repositories according to the Securitisation Regulation must instead be made available via a website that meets certain conditions (See the fourth sub-paragraph of Article 7(2) of the Securitisation Regulation). ESMA has no powers to supervise any website, nor is ESMA able to provide an assessment of whether any potential website meets the applicable requirements of the Securitisation Regulation.
This document was automatically extracted from the ESMA EMIR Q&A database.