ESMA_QA_1281
19/11/2021
Subject Matter
More frequent reporting for securitisations
    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)?
    ESMA Answer
    19-11-2021

      [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.

      Status: Answer Published

      Additional Information

      Level 1 Regulation
      Securitisation Regulation (EU) 2017/2402
      Topic
      Securitisation Disclosure Templates