ESMA · ESMA_QA_1253 Answer Published

Validation of information in an STS Notification

Regulation
Securitisation Regulation (EU) 2017/2402
Topic
STS Notifications
Submitted
2019-05-27
Answered
2019-05-27

Question

What types of validations does ESMA undertake of STS notifications?

Answer

[ESMA 33-128-563 Securitisation Q&A, Q&A 4.4] Please see paragraph 1 of the section entitled “instructions for providing STS notifications for public securitisations” and paragraph 1 of the section entitled “Instructions for providing STS notifications for private securitisations” in the reporting instructions: https://www.esma.europa.eu/document/sts-reporting-instructions . ESMA recalls that the information published in the Register derives exclusively from the information notified to ESMA. Therefore, ESMA does not accept any responsibility or liability for the accuracy of the information. ESMA shall not be liable for any loss of business or profits or any direct, indirect or consequential loss or damage resulting from any irregularity or inaccuracy of the information published by ESMA in the STS Register.

This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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