Updated GAP Analysis on the EBA NPL Transaction Data Templates
Article 16 (1) of the Directive (EU) 2021/2167 on credit servicers and credit purchasers mandates the European Banking Authority (EBA) to develop a set of common data standards for the sale or transfer of non-performing loans (NPL) that would enable cross country comparison and reduce information asymmetries between buyers and sellers. Those were perceived by […]
What it takes to have the “Best Data Quality” of the Year (and Decade)
European DataWarehouse launched its inaugural data quality award at the company’s 10-year anniversary celebration in November. This year EDW presented two awards; one for Data Quality of the Decade (2012-2022), awarded to Europea de Titulización S.A. (EDT) and one for Best Data Quality – Deal of the Year (2021-2022), which was awarded to Intesa San […]
European Commission Report on the Review of the Securitisation Regulation
On 10 October 2022, the European Commission (EC) published a report on the review of the Securitisation Regulation, based on their findings from a consultation with the industry and input from supervisory authorities. European DataWarehouse, as an ESMA-registered securitisation repository, submitted a response to the consultation, providing feedback on the topics of private securitisations, due […]
EDW Conducts GAP Analysis on the proposed EBA NPL Templates
Information asymmetries and lack of information provided in a standardised and common format are the key challenges highlighted by the European Banking Authority (EBA) for the development of an efficient secondary market for non-performing loans (NPLs) sale. After the development of the NPL templates in 2017-2018, and the subsequent market-based consultation in the summer of […]
Stability implications of the EU securitisation market
In line with the mandate given by Article 31 of the Securitisation Regulation, in July 2022, the European Systemic Risk Board (ESRB) published its first report on the financial stability implications of the EU’s traditional (off-balance sheet) securitisation market with the aim of highlighting financial stability risks. The report sets forth the monitoring framework for […]
ECB and ESMA Data in Use – A Snapshot of Moratoria in SME Loans
The outstanding amount of the public loans in European DataWarehouse’s (EDW’s) Securitisation Repository platform has stood consistently around +/- EUR 800 billion since Q4 2020. Following the registration of the first Securitisation Repositories by the European Securities and Markets Authority (ESMA) in June 2021, reporting entities have been obligated to report all STS securitisations, as […]
The new EBA NPL templates and taxonomy: another step towards European NPL transparency and standardisation
Building on the European Council’s 2017 “Action Plan to Tackle Non-Performing Loans in Europe,” the European Commission (EC) published its strategy in December 2020 to further reduce the stocks of non-performing loans (NPLs) across the European Union and to implement a systemic solution for the sale and disposal of NPL as well as unlikely to […]
Everything you need to know about EDW’s Data Quality Scoring
To increase the quality and useability of loan-level data submitted to its Securitisation Repository platform, European DataWarehouse (EDW) introduced data quality scoring on a deal level in 2017. Since then, EDW has developed and applied more than 4,000 rules and checks to both the ECB Loan-Level Data templates and the ESMA Underlying Exposures, Investor Report, […]
‘Reporting for reporting’s sake:’ Bank of America Commentary highlights use case for EDW solutions
A Bank of America Global Research report commentary, published on 3 May 2022, has explored the complexities and costs associated with the current European securitisation reporting requirements under the Securitisation Regulation (Regulation) and their effects on market recovery, funding, as well as risk transfer. The commentary, titled ‘Reporting for reporting’s sake,’ highlights the use case […]
European DataWarehouse submits suggestions for the revision of the Energy Performance for Buildings Directive
Mindful of the crucial importance of the building sector in achieving the European Union´s (EU) energy and environmental goals and following its commitment to the implementation of EU´s sustainable finance strategy, European DataWarehouse (EDW) has contributed to the revision of the Energy Performance of Buildings Directive (EPBD) proposed by the European Commission in December 2021. […]