ESMA UPDATES Q&AS, TEMPLATES AND TECHNICAL INSTRUCTIONS FOR SECURITISATION REPORTING

The European Securities and Markets Authority, the EU’s securities markets’ regulator, has today published 4 new Q&As and modified 11 existing Q&As.  ESMA also updated reporting instructions and an XML schema  for the templates set out in the  technical standards on disclosure requirements .

The new Q&As include instructions on how to report split and merged underlying exposures. The updated Q&As include revised instructions on how to report income fields for buy-to-let residential real estate mortgages.

The revised reporting instructions address technical issues identified by stakeholders since August 2020. To facilitate the smooth implementation of the updated rules, reporting entities may choose to use version 1.2.0 or version 1.3.0 of the XML schema and of the validation rules until 1 September 2021. As of that date, reporting entities may only use the latest version.

ESMA has also published an XML schema for each of the two standard reports which a registered securitisation repository (SR) must provide in accordance with the regulatory technical standards on securitisation repository operational standards :

Stakeholders are invited to submit any further questions regarding the disclosure templates, the XML schema or the reporting instructions through ESMA’s Q&A tool.

For additional information about the Securitisation Regulation, please visit  the dedicated Securitisation page on ESMA’s website.