ESMA_QA_1397

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1397

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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: Annex 4: Underlying Exposures - Corporate - Maturity date

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Question

Submission Date: 17 July 2019

How should this field be completed in case the payment terms of a receivable are specified in categories which are not exact (e.g. 30-45 days)?

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ESMA Answer

Answer Date: 17-07-2019

[ESMA 33-128-563 Securitisation Q&A, Q&A 5.6.6] In case the payment terms of a receivable are specified in the range 30-45 days, then the correct value for this field is the latest day before the payment becomes overdue, i.e. 45 days.

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