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.