ESMA_QA_134
15/02/2021
Subject Matter
Reporting Date for Synthetic Securitisations
Original question
When is the reporting date for synthetic securitisations, which have no interest payments, instead payments of guarantee fees?
Art. 7 1. states that "each quarter at the latest one month after the due date for the payment of interest".
For example in a synthetic securitisation the due date for the guarantee fees for q1 2021 is May, 14 2021. Is then the due date for the reporting latest June 14, 2021?
Thanks in advance!
Art. 7 1. states that "each quarter at the latest one month after the due date for the payment of interest".
For example in a synthetic securitisation the due date for the guarantee fees for q1 2021 is May, 14 2021. Is then the due date for the reporting latest June 14, 2021?
Thanks in advance!
Status: Answer Published
Additional Information
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Level 2 Regulation
RTS specifying the information and the details of a securitisation to be made available by the originator, sponsor and SSPE and associated ANNEXES
Level 3 Regulation
Guidelines on securitisation repository data completeness and consistency thresholds
Additional Legal Reference
Regulation (EU) 2017/2402 Art. 7 (1)
Topic
Securitisation Regulation