ESMA · ESMA_QA_1421 Answer Published

Annex 11: Underlying Exposures - ABCP - Restructured Exposures (New Arrears)

Regulation
Securitisation Regulation (EU) 2017/2402
Topic
Securitisation Disclosure Templates
Submitted
2020-05-28
Answered
2020-05-28
More Q&As on this regulation →

Question

Does this field refer only to new arrears after date of transfer to the SSPE and only for underlying exposures which were restructured 1-3 years before transfer?

Answer

[ESMA 33-128-563 Securitisation Q&A, Q&A 5.13.13] No. This field refers to exposures that have been restructured by the originator/sponsor at any time AND have at any time been in arrears (either regarding principal or interest payments) since the date of restructuring.
View original on European Securities and Markets Authority ↗

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.

Similar Q&As

Annex 11: Underlying Exposures - ABCP - Restructured Exposures (>3 years before transfer)

Answered 2020-05-28

Annex 11: Underlying Exposures - ABCP - Restructured Exposures

Answered 2020-05-28

Date of Restructuring

Answered 2020-05-28

Annex 11: Underlying Exposures - ABCP - Current Principal Balance

Answered 2020-05-28

Interpretation of Date Last in Arrears field

Answered 2019-07-17

More Q&As on this topic

Pool Addition Date and Date Of Repurchase in a revolving deal

Answered 2021-11-19

Original Valuation Method

Answered 2021-11-19

Annexes 12 and 13: Investor Reports - Annualised Constant Prepayment and Default Rates

Answered 2021-11-19

Securitisation Disclosure Requirements and Templates

Answered 2021-11-19

Securitisation Disclosure Requirements and Templates

Answered 2021-11-19

📋 Track EU financial regulation continuously

Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.

Start free trial → Learn more

14-day free trial. No credit card required.