ESMA_QA_1352

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1352

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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: Origination Channel

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Question

Submission Date: 27 May 2019

How should this field be completed where the lender is a fund or another non-bank entity?

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ESMA Answer

Answer Date: 27-05-2019

[ESMA 33-128-563 Securitisation Q&A, Q&A 5.3.18] This field should still be completed according to the available options. For example, in the event of an underlying exposure having been originated by a fund and being reported under Annex 4 (Corporate underlying exposure), then the reporting entity should select the most appropriate option for field CRPL35. In this regard, if a fund has created the underlying exposure via its office, then the entry ‘BRAN’ (representing ‘Office or Branch Network’) should be entered into that field for that underlying exposure.

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This document was automatically extracted from the ESMA EMIR Q&A database.