ESMA Updates XML Schema and Instructions for Securitization Reporting
ESMA published the updated reporting instructions and XML schema for the templates set out in the technical standards on disclosure requirements. In addition, the securitization policy section on ESMA website has been updated, with information about the recent technical standards that have been published on the EC website. ESMA also published the updated ISO 20022 XML Schema to be used for reporting under the Securities Financing Transactions Regulation or SFTR.
The XML schema and instructions for securitization reporting were initially published on July 17, 2019 in advance of the draft disclosure technical standards being adopted by EC to assist affected entities in preparing for their entry into force. The updates to the XML schema and reporting instructions for securitization reporting reflect certain adjustments made to ensure alignment with the final disclosure technical standards as published by EC on October 16, 2019 as well as feedback provided by stakeholders since July. The changes in reporting instructions include clarification of the unique identification of the asset-backed commercial paper (ABCP) and non-ABCP securitizations and removal of the report unique identifier to only include new ReportType element for the Investor report and the Inside Information/Significant Event Report. ReportType will be used to cancel separately each of these reports. The updated XML schema applies final regulatory technical standard amendments on unique identifiers, Field codes value, and Content to report description, along with the amendments related to the Report unique identifier, incorrect ND4 structure, and parent and child tags called similarly. The XML Schema updates also fix the naming inconsistency issues.
Related Links
- Press Release on Securitization Reporting
- Instructions for Securitization Reporting (PDF)
- XML Schema for Securitization Reporting (ZIP)
- Disclosure Requirements and Templates
- Press Release on SFTR Reporting
Keywords: Europe, EU, Banking, Securities, Reporting, Securitization, XML, Schema, Disclosures, Securitization Regulation, SFTR, Securities Financing Transactions, ABCP, EC, ESMA
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
David Fihrer
Skilled life insurance actuary; subject matter expert on IFRS 17 and source of earnings
Previous Article
ESMA Updates Taxonomy for Implementation of ESEF RegulationRelated Articles
BoE Consults on Approach to Setting MREL, Publishes Bail-In Guidance
The Bank of England (BoE) published a consultation paper on approach to setting minimum requirement for own funds and eligible liabilities (MREL), an operational guide on executing bail-in, and a statement from the Deputy Governor Dave Ramsden.
EBA Seeks Views on Proportionality Assessment Methodology
The European Banking Authority (EBA) is seeking preliminary input on standardization of the proportionality assessment methodology for credit institutions and investment firms.
US Agencies Propose Changes to Call Reports and Instructions
Certain regulatory authorities in the US are extending period for completion of the review of certain residential mortgage provisions and for publication of notice disclosing the determination of this review until December 20, 2021.
PRA Finalizes Rulebook Definition of Higher Paid Material Risk-Taker
The Prudential Regulation Authority (PRA) published the policy statement PS18/21, which introduces an amendment in the definition of "higher paid material risk taker" in the Remuneration Part of the PRA Rulebook.
EBA Examines Asset Encumbrance in Banking Sector
The European Banking Authority (EBA) published its annual report on asset encumbrance in banking sector.
EBA Publishes Methodological Guide to Mystery Shopping
The European Banking Authority (EBA) published a methodological guide to mystery shopping.
APRA Issues Update on Capital Reform Policy Settings for Banks
The Australian Prudential Regulation Authority (APRA) released a letter to authorized deposit-taking institutions to provide an update on key policy settings for the capital framework reforms, which will come into effect from January 01, 2023.
CPMI-IOSCO Assess Continuity Planning of Market Infrastructures
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published a report that assesses the business continuity planning activities of financial market infrastructures or FMIs.
BoE Announces Changes to Validation Rules for Form BTL
The Bank of England (BoE) published questions and answers (Q&A) on OSCA to BEEDS migration for statistical reporting as well a presentation from the project overview session held with statistical reporters.
BCBS Proposes Changes to Process for Reviewing G-SIB Methodology
The Basel Committee on Banking Supervision (BCBS) is consulting on a technical amendment to the Basel Framework to reflect a new process reviewing the global systemically important bank (G-SIB) assessment methodology.
