ESMA_QA_1449

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1449


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: Annexes 14 and 15: Inside Information or Significant Event Information - Inside information or significant event information template for private securitisations?


Question

Submission Date: 27 May 2019

Should the inside information or significant event information template be completed for private securitisations?


ESMA Answer

Answer Date: 27-05-2019

[ESMA 33-128-563 Securitisation Q&A, Q&A 5.15.5] Section 2 in each of the RTS and ITS on disclosure defines the information requirements for public securitisations, which includes inside information and significant event information. Section 2 in each of these RTS and ITS on disclosure does not apply to private securitisations.  This does not imply that, for private securitisations, the originator, sponsor, and SSPE do not have to comply with reporting requirements under Article 7(1)(f) and (g) of the Securitisation Regulation.


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