ESMA Updates Q&A on Securitization Regulation in May 2020
ESMA updated questions and answers (Q&A) on the Securitization Regulation (EU Regulation 2017/2402). The majority of new Q&A in this document provide clarification on different aspects of the templates contained in the draft technical standards on disclosure, which have been published on EC website. The document clarifies how several fields in the templates should be completed, including questions that are specific to fields in the ABCP template. The document also contains clarifications addressed to securitization repositories.
The Q&A tool is intended to promote common, uniform, and consistent supervisory approaches and practices in the day-to-day application of the Securitization Regulation and to help regulated entities comply with their obligations. ESMA will continue to develop this Q&A on the Securitization Regulation in the coming months and will review and update them where required. For ease of reference, ESMA has provided the date each question was first published as well as the date/s of amendment beside each question. Additional questions on the Securitization Regulation may be submitted to ESMA through the Q&A tool on its website.
Related Links
Keywords: Europe, EU, Banking, Securities, Securitization Regulation, Q&A, Disclosures, Basel, ABCP Template, ESMA
Previous Article
CFTC Defers Compliance Date for Initial Margin by One YearRelated Articles
EBA Publishes Standards on Disclosure of Investment Policy Under IFR
The European Banking Authority (EBA) published the final draft regulatory technical standards on disclosure of investment policy by investment firms, under the Investment Firms Regulation (IFR).
EBA Updates Filing Rules for Supervisory Reporting
The European Banking Authority (EBA) published version 5.1 of the filing rules for supervisory reporting.
ECB Amends Guideline on Procedures for Collection of AnaCredit Data
The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.
ECB Amends Guideline on Procedures for Collection of AnaCredit Data
The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.
APRA Finalizes Guidance for New Prudential Standard on Remuneration
The Australian Prudential Regulation Authority (APRA) published the prudential practice guide CPG 511 to assist banks, insurers, and superannuation licensees in meeting requirements of CPS 511, the new prudential standard on remuneration.
OCC Updated LIBOR Self-Assessment Tool for Banks
The Office of the Comptroller of the Currency (OCC) published a bulletin that provides an updated self-assessment tool for banks to evaluate their preparedness for cessation of the London Interbank Offered Rate (LIBOR).
TCFD Updates Guidance for Financial Disclosures on Climate Risk
The Financial Stability Board (FSB) published a report that examines the progress made toward disclosures aligned with recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
BCBS Report Examines Progress on Adoption of Basel III Framework
The Basel Committee on Banking Supervision (BCBS) published the progress report on adoption of the Basel III regulatory framework in member jurisdictions.
ACPR Implements Updates Related to DPM Version 3.1
The French Prudential Supervisory Authority (ACPR) has implemented, in its information system, updates linked to the Data Point Model (DPM) version 3.1.
EBA Note Examines Transition Risks of Benchmark Rates
The European Banking Authority (EBA) published a thematic note that aims to identify and raise awareness of the transition risks of benchmark rates, as the London Interbank Offered Rate (LIBOR) and the Euro Overnight Index Average (EONIA) are close to being phased out.
