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 those thresholds can vary substantially from one country to the next […]
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 June of 2023. The guidelines aim to provide a […]
The new UK Securitisation Regulation Framework comes into effect on 1 November 2024
At the end of April 2024, HM Treasury published its Draft Securitisation (Amendment) Regulations 2024 (the ‘Amending SI’) setting out changes to the existing statutory instrument from 29 January 2024, and the FCA and PRA published their final Rules relating to Securitisation. All will come into effect on 1 November 2024, repealing the current onshored […]
A Year in Review: EDW Continues its Efforts on the Green Auto Securitisation Project
After more than a year since the kick-off of the Green Auto Securitisation (GAS) project, European DataWarehouse (EDW) is taking stock of the advancements made in assessing the sustainability of the European car industry. GAS, a collaborative project driven by EDW and the Leibniz Institute for Financial Research SAFE and funded by the German Federal […]
Leveraging CDR Indices for Benchmarking Purposes
The Constant Default Rate (CDR), the annualised periodic default rate of a securitisation, is a typical input in ABS cash flow models. Cash flow model users may need a CDR Index to conduct plausibility checks and compare CDR assumptions vs actual observed CDRs. CDRs ARE AVAILABLE IN ESMA-FORMAT INVESTOR REPORTS CDRs are provided in the […]
Everything You Need to Know About EBA’s Proposal for a Voluntary EU Green Loan Label
On 15 December 2023 the European Banking Authority published its response to the European Commission’s call for advice on green loans and mortgages. The response includes both an opinion and a report containing more detailed advice. In its response the EBA proposes the introduction of a voluntary EU label for green loans based on a […]
EDW Publication Inventory – Showcasing Loan-Level Insight Beyond the Field of Securitisation
With over a decade of service to Europe’s securitisation market under its belt, European DataWarehouse has collected over three billion loan records across all asset classes since its inception in 2012. Within those loan records lies a wealth of insight used predominantly in the asset-backed securities market for risk assessment and cash-flow modelling purposes. But, […]
The European Banking Authority publishes Final Templates on the One-off Fit-for-55 Climate Risk Scenario Analysis
On 17 November 2023, the European Banking Authority (EBA) published the final templates that will be used to collect climate-related data from EU banks in the context of the one-off Fit-for-55 climate risk scenario analysis. The One-off Fit-for-55 climate risk scenario analysis is part of EBA’s Climate Stress Testing task. Its purpose is to assess […]
ABS Structuring: How EDW Can Provide Support Throughout the Life of a Transaction
The Asset-Backed Securities structuring process is a multifaceted and complex procedure with various activities, often occurring in parallel. Many different counterparties are engaged, and much information and data must be exchanged among the involved parties. EDW offers various services and activities that facilitate efficient handling of the ABS securitisation structuring process. EDW’s involvement in securitisation […]
Estimating CO2 Emissions in European Securitisations
As project partner of the Green Auto Securitisation (GAS) initiative, European DataWarehouse (EDW) provides the Leibniz Institute for Financial Research SAFE in Frankfurt with enhanced loan-level data to enable research on ESG considerations affecting auto and leasing securitisations, with the aim of facilitating the financing of low-emission vehicles. Since the project started in October 2022, […]