ESMA_QA_1281
Status: ✅ Answer Published
Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1281
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: More frequent reporting for securitisations
Question
Submission Date: 19 November 2021
Is it acceptable for the disclosure templates to be provided more frequently than their required frequency under the Securitisation Regulation (i.e. quarterly for non-ABCP securitisation, monthly for ABCP securitisation)?
ESMA Answer
Answer Date: 19-11-2021
[ESMA 33-128-563 Securitisation Q&A, Q&A 5.1.10] Yes, so long as the frequency provisions set out in Article 7 of the Securitisation Regulation are respected, reporting entities are free to make available the same disclosure templates more frequently, for example on a monthly basis for non-ABCP securitisations. However, the reporting frequency of the underlying exposures templates must be aligned with the frequency of reporting of the investor report template and the inside information or significant event templates.
This document was automatically extracted from the ESMA EMIR Q&A database.