ESMA_QA_1349
27/05/2019
Subject Matter
Primary Income Verification
Original question
How should the Primary Income Verification field be completed where the obligor is a legal person?
ESMA Answer
27-05-2019
Original language
[ESMA 33-128-563 Securitisation Q&A, Q&A 5.3.14]
The most appropriate verification option should be entered. For example, if income (in this case, revenue) has been verified, then the ‘VRFD’ (representing ‘Verified’) should be entered. If a credit bureau has been used instead, then ‘SCRG’ (representing ‘Credit Bureau Information or Scoring’) should be entered.
Status: Answer Published
Additional Information
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Topic
Securitisation Disclosure Templates