European DataWarehouse supports non-EU issuers in complying with EU and UK Securitisation Regulation disclosure requirements with secure technical solutions and guidance on reporting obligations.

Entities seeking to issue a securitisation to EU investors are obliged to meet Article 7 requirements of the Securitisation Regulation (EU) 2017/2402.

Under Article 5(1)(e), institutional investors have to verify the availability of the information as per the transparency obligations set out in Article 7 of the EU Securitisation Regulation.

As such, non-EU or ‘third country’ issuers are subject to providing:

• Key underlying documentation to investors pre-pricing
• Loan-level data and investor reports adhering to the ESMA-prescribed format

Non-EU issuers can upload data in the prescribed format to EDW’s platform to help EU investors meet their due diligence obligations.

All investors worldwide, who are registered users of EDW’s platform, benefit from seamlessly accessing all publicly available transaction data from a centralised platform.

Issuers can also leverage free tools such as EDW Deal Reports to gain comprehensive insights into the market and to compare a deal’s parameters to others at a glance.

Additionally, EDW provides an online CSV2XML Converter to help issuers easily prepare data in the XML file format, as prescribed by ESMA. Users can populate their templates in the easy-to-use CSV format and upload these files to EDW’s EDITOR platform to be converted with one click.

EDW also offers a bespoke RBA to ESMA template converter created specifically to meet the disclosure needs of Australian issuers wishing to expand into European markets.

EDW’s robust technology facilitates the controlled transmission of files for private transactions via its bespoke Private Area.

Issuers using EDW’s Private Area have total control over access at both organisation and user level and can then limit the data access to selected investors, rating agencies, and supervisory authorities.

With over 300 private transactions hosted in EDW’s Private Area, selected market participants can access all underlying exposures and other relevant documentation, via a user-friendly interface.

Non-EU issuers can benefit from EDW’s expertise and position in the market as a registered Securitisation Repository to ensure the safe transmission of data to the relevant parties. In line with the legal requirements set in the Commission Delegated Regulation 2020/1230, EDW systems are protected from misuse, unauthorised access, and attacks.

EDW’s technical and organisational measures ensure the security and integrity of the information uploaded to its platform and has regularly tested mechanisms in place to ensure the continuity of its services in case of disruptive events.

Information from reporting entities is transmitted through secure machine-to-machine interfaces and SSH File Transfer Protocol.