Reporting of Geographic Region fields

[ESMA 33-128-563 Securitisation Q&A, Q&A 5.2.1] (a) As per the description of the Geographic Region Classification field, “All geographic region fields must use the same classification consistently for each underlying exposure and across all underlying exposures in the data submission.” Insofar as collateral is provided for the underlying exposures, then the same classification reported for the underlying exposure fields (e.g. in field RREL11) should be extended and used for the collateral fields (e.g. in field RREC6). (b) In this case, any year may be entered into this field. However, as soon as a single obligor or collateral is included in the pool which is located in a location with an eligible NUTS code, this field must be updated to reflect the relevant classification. (c) The geographic region fields should be populated with information relating to the primary obligor in case of multiple obligors (see also Q&A 1314). This is still the case where the main obligor is located outside the Union and a secondary obligor is located inside the Union.