Subject Matter
Primary Income Currency
Question
What should be reported for corporate borrowers?
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Subject Matter
Annexes 6 and 7: Underlying Exposures - Credit Cards and Consumer - What level of the credit card receivable is the ‘underlying exposure’? The account or the product/card level?
Question
Should the Issuer prepare the loan level data on an account level, or product/card level? If it has to be on an account level, a single customer may have multiple cards. In that case, do we populate the data fields based on the card with the largest outstanding balance?
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Subject Matter
Annexes 5 and 8: Underlying Exposures – Automobile and Leasing - Original Loan-To-Value
Question
How should this field be completed for leases?
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Subject Matter
Annex 4: Underlying Exposures - Corporate - Collateral valuation fields for corporate and leveraged lending
Question
These have an asset valuation focus, whereas corporate and leveraged lending is based on the corporate credit of the borrower and not asset based. How should this information be reported?
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Subject Matter
Annex 4: Underlying Exposures - Corporate - Managed by CLO
Question
What is meant by ‘also being managed by the CLO manager’?
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402