ESMA_QA_169
24/03/2021
Subject Matter
RREL11 Geographic Region - Obligor ANNEX
Original question
Dear Madam/Sir
Should field RREL11 with the Geographic Region - Obligor
always be populated with data from the MAIN borrower
or are we allowed to apply a business rule like for example if the MAIN borrower is outside of Europe and the second borrower in Europe we are allowed to report the NUTS code of the second borrower here? Thank you very much
Soren iden
Should field RREL11 with the Geographic Region - Obligor
always be populated with data from the MAIN borrower
or are we allowed to apply a business rule like for example if the MAIN borrower is outside of Europe and the second borrower in Europe we are allowed to report the NUTS code of the second borrower here? Thank you very much
Soren iden
Status: Answer Published
Additional Information
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Level 2 Regulation
RTS on the templates for the provision of information in accordance with the STS notification requirements
Level 3 Regulation
Guidelines on securitisation repository data completeness and consistency thresholds
Topic
Securitisation Disclosure Templates