ESMA_QA_1255
Status: ✅ Answer Published
Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1255
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: Transitional provisions
Question
Submission Date: 15 November 2019
Are there any transitional provisions in place for completing these disclosure templates?
ESMA Answer
Answer Date: 15-11-2019
[ESMA 33-128-563 Securitisation Q&A, Q&A 5.1.2] As further explained in section 2.1.2 of ESMA’s CP on disclosure technical standards, the templates must be completed for securitisations that issue any securities from 01/01/2019 onwards (‘new securitisations’), as well as securitisations that issued securities before 01/01/2019 and seek to obtain STS status (‘legacy STS securitisations’). ABCP programmes that issue securities (i.e. commercial paper) from 01/01/2019, must also complete these templates as required in the RTS on disclosure, with the same considerations applying to ABCP programmes that have issued securities prior to 01/01/2019 but also seek to obtain STS status (‘legacy ABCP programmes’).
This document was automatically extracted from the ESMA EMIR Q&A database.