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.