ESMA · ESMA_QA_1281 Answer Published

More frequent reporting for securitisations

Regulation
Securitisation Regulation (EU) 2017/2402
Topic
Securitisation Disclosure Templates
Submitted
2021-11-19
Answered
2021-11-19

Question

Is it acceptable for the disclosure templates to be provided more frequently than their required frequency under the Securitisation Regulation (i.e. quarterly for non-ABCP securitisation, monthly for ABCP securitisation)?

Answer

[ESMA 33-128-563 Securitisation Q&A, Q&A 5.1.10] Yes, so long as the frequency provisions set out in Article 7 of the Securitisation Regulation are respected, reporting entities are free to make available the same disclosure templates more frequently, for example on a monthly basis for non-ABCP securitisations.   However, the reporting frequency of the underlying exposures templates must be aligned with the frequency of reporting of the investor report template and the inside information or significant event templates.

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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