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
Related Articles
ISSB Sustainability Standards Expected to Become Global Baseline
The finalization of the two sustainability disclosure standards—IFRS S1 and IFRS S2—is expected to be a significant step forward in the harmonization of sustainability disclosures worldwide.
IOSCO, BIS, and FSB to Intensify Focus on Decentralized Finance
Decentralized finance (DeFi) is expected to increase in prominence, finding traction in use cases such as lending, trading, and investing, without the intermediation of traditional financial institutions.
BCBS Assesses NSFR and Large Exposures Rules in US
The Basel Committee on Banking Supervision (BCBS) published reports that assessed the overall implementation of the net stable funding ratio (NSFR) and the large exposures rules in the U.S.
Global Agencies Focus on ESG Data, Climate Litigation and Nature Risks
At the global level, supervisory efforts are increasingly focused on addressing climate risks via better quality data and innovative use of technologies such as generative artificial intelligence (AI) and blockchain.
ISSB Standards Shine Spotlight on Comparability of ESG Disclosures
The finalization of the IFRS sustainability disclosure standards in late June 2023 has brought to the forefront the themes of the harmonization of sustainability disclosures
EBA Issues Several Regulatory and Reporting Updates for Banks
The European Banking Authority (EBA) recently issued several regulatory publications impacting the banking sector.
BCBS Proposes to Revise Core Principles for Banking Supervision
The Basel Committee on Banking Supervision (BCBS) launched a consultation on revisions to the core principles for effective banking supervision, with the comment period ending on October 06, 2023.
US Proposes Final Basel Rules, Transition Period to Start in July 2025
The U.S. banking agencies (FDIC, FED, and OCC) recently proposed rules implementing the final Basel III reforms, also known as the Basel III Endgame.
FSB Report Outlines Next Steps for Climate Risk Roadmap
The Financial Stability Board (FSB) recently published the second annual progress report on the July 2021 roadmap to address climate-related financial risks.
EBA Plans on Ad-hoc ESG Data Collection and Climate Scenario Exercise
The recognition of climate change as a systemic risk to the global economy has further intensified regulatory and supervisory focus on monitoring of the environmental, social, and governance (ESG) risks.