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How to Use Underlying Exposure Data to Support the Calculation of Capital Requirements for Securitisations

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How to Use Underlying Exposure Data for Calculation of Capital Requirements for Securitisations Article 7 of the Securitisation Regulation (EU) 2017/2402 requires the disclosure of detailed, loan-by-loan information for all securitised assets. This level of transparency is highly valuable—not only does it allow investors and market participants to monitor portfolio performance and better understand the … Continued

ESMA vs. ECB Reporting Formats: What You Need to Know

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ESMA vs. ECB Reporting Formats: What You Need to Know As of 1 October 2024, all eligible ABS issuers must provide loan-level data using the templates specified in the technical standards adopted by the Commission under Article 7(4) of Regulation (EU) 2017/2402 (the Securitisation Regulation). These templates are commonly referred to as the “ESMA templates”. … Continued

Green Auto Securitisation Advocates Specific Measures for the Reduction of Vehicle Emissions

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Green Auto Securitisation Advocates Specific Measures for the Reduction of Vehicle Emissions The Green Auto Securitisation (GAS) initiative welcomes President Ursula von der Leyen’s recent statement on the Strategic Dialogue on the Future of the Automotive Industry. The statement takes a balanced approach to clean mobility while maintaining regulatory stability and competitiveness. A key proposal … Continued

ESMA Publishes Consultation Paper on the Revision of the Disclosure Framework for Private Securitisation

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ESMA Publishes Consultation Paper on the Revision of the Disclosure Framework for Private Securitisation European DataWarehouse (EDW) welcomes the simplification proposal for private ABCP and non-ABCP reporting by the European Securities and Markets Authority (ESMA). The consultation on the revision of the disclosure framework for private securitisation was launched on 13 February 2025 and invites … Continued

The Draghi Report: What “The Future of European Competitiveness” Means for Securitisation

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The Draghi Report: What “The Future of European Competitiveness” Means for Securitisation On 9 September 2024 the report “The Future of European Competitiveness” was issued. The European Commission tasked Mario Draghi to prepare a report of his personal vision on the future of European competitiveness. The report revolves around three main areas for action aimed … Continued

Revisiting “The Babel Tower Of EPC Ratings”: Updated Thresholds Across Europe

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Revisiting “The Babel Tower Of EPC Ratings”: Updated Thresholds Across Europe In 2020, European DataWarehouse (EDW) published “The Babel Tower of Energy Performance and Certificate Ratings in Europe”. This article contained a table comparing the Energy Performance Certificate (EPC) rating thresholds across various countries and discussed EPC databases in Europe. In particular, the article highlighted … Continued

EBA Publishes Guidelines on STS Criteria for On-Balance-Sheet Securitisations

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EBA Publishes Guidelines on STS Criteria for On-Balance-Sheet Securitisations The European Banking Authority (EBA) published its Final Report on the Guidelines on STS criteria for on-balance-sheet securitisation and amending Guidelines EBA/GL/2018/08 and EBA/GL/2018/09 on the STS criteria for ABCP and non-ABCP securitisation on 27 May, following a three-month public consultation, which ran from April to … Continued