ESMA_QA_1392
31/01/2019
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Subject Matter
Annex 4: Underlying Exposures - Corporate - Managed by CLO
What is meant by ‘also being managed by the CLO manager’?
ESMA Answer
31-01-2019

[ESMA 33-128-563 Securitisation Q&A, Q&A 5.6.1]

This refers to a situation where the CLO manager also manages a participation in the same underlying exposure, and that participation is not securitised.

Status: Answer Published

Additional Information

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