ESMA_QA_1298
31/01/2019
Subject Matter
Differences in the same field vs. other existing templates
Original question
Why does a particular template field have different content to report (e.g. a different set of list options) than template fields in other reporting requirements (e.g. ECB ABS loan-level data initiative)?
ESMA Answer
31-01-2019
Original language
[ESMA 33-128-563 Securitisation Q&A, Q&A 5.1.17]
As further explained in sections 2.1.3.1 and 2.1.3.2 of ESMA’s CP on the securitisation disclosure requirements, the templates used under the ECB ABS loan-level initiative constituted the starting point for the present templates. However, adjustments to these templates were necessary in order to ensure that the requirements under the Securitisation Regulation (which did not exist when the ECB templates were developed), including the specific needs for investors and other data users to meet their obligations, could be adequately reflected.
Status: Answer Published
Additional Information
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Topic
Securitisation Disclosure Templates