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ARTICLE · 11 FEBRUARY 2019

ESMA Publishes Q&As And Revised Disclosure Templates For Securitisation Reporting

Hogan Lovells Cadwalader
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On 31 January 2019, the ESMA published an Opinion containing a revised set of draft disclosure technical standards and a first set of Questions and Answers under the EU Securitisation Regulation (the "Q&As").

European UnionFinance and Banking
Suzanne Bell
Suzanne Bell
Robert Cannon
Robert Cannon
Stephen Day
Stephen Day
Claire Puddicombe
Claire Puddicombe
David Quirolo
David Quirolo
Nick Shiren
Nick Shiren
Daniel Tobias
Daniel Tobias
Assia Damianova
Assia Damianova
Neil Macleod
Neil Macleod
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Introduction

On 31 January 2019, the European Securities and Markets Authority ("ESMA") published an Opinion (the "Opinion") containing a revised set of draft disclosure technical standards (the "Disclosure Technical Standards") and a first set of Questions and Answers under the EU Securitisation Regulation (the "Q&As"). The Q&As mainly focus on issues arising from the templates annexed to the draft Disclosure Technical Standards.1

These revised Disclosure Technical Standards have been produced as a result of a letter sent by the European Commission to ESMA dated 30 November 2018 (the "Commission's Letter")2, in which the Commission stated that it only intended endorsing ESMA's draft Disclosure Technical Standards once certain amendments had been made.

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