Giuditta – EDW’s EPC Matching Solution Achieves Promising Results
Building on its expertise in the field of data collection, dissemination, and analysis, European DataWarehouse (EDW) is making significant progress with its proprietary energy efficiency information extraction solution, Giuditta. This technical solution allows for the matching of a property’s Energy Performance Certificate (EPC) and other energy efficiency data with the respective financial institution’s mortgage database. […]
ESMA’S Sustainable Finance Roadmap and the significance of Energy Performance Certificate Data
The European Securities and Markets Authority (ESMA) recently published its Sustainable Finance Roadmap 2022-2024 (Roadmap), identifying three priorities for its sustainable finance work: At the same time the Financial Stability Institute, part of the Bank for International Settlements, has published Brief No. 16 focusing on the “Regulatory response to climate risks: some challenges.” Monitoring, assessing, and analysing […]
RMBS Amortisation Rates Show Signs of Return to Pre-COVID Levels
Throughout the COVID-19 pandemic, European DataWarehouse has utilised its vast loan-level database to provide insights into loan performance across various asset classes in Europe. In the RMBS asset class, for example, a previous EDW Q1 2021 analysis shows that delinquencies remained low during the COVID-19 crisis. Despite this, however, there has been a clear impact […]
Reporting to a UK Securitisation Repository from 17 January 2022 – Technical Guidance
The Financial Conduct Authority (FCA) has announced the registration of European DataWarehouse Ltd (EDW Ltd) as a UK Securitisation Repository (SR) with effect from 17 January 2022. Following that date, public securitisations within the scope of the UK Securitisation Regulation have to upload relevant information pursuant to Article 7 to a registered SR in structured […]
Energy Efficient Mortgages NL Hub initiative set to drive down residential carbon emissions
Dutch initiative promotes energy-efficient mortgages In September 2021 stakeholders in the Dutch residential mortgage market gathered to form the Energy Efficient Mortgages NL Hub (EEM NL Hub).Its aim is to accelerate thedevelopment of climate-friendly housing in the Netherlands by defining and maintaining a framework for energy-efficient mortgages, giving investors and buyers greater transparency. In doing so, it […]
Europe’s NPL Secondary Market Directive in Focus
In preparation for a potential increase in non-performing loans (NPLs) as COVID-19 support measures are phased out, European governments and the European financial system have been working towards assessing and provisioning for loan losses to avoid adverse incentives for banks. Following several developments since EDW’s last update on the various steps toward the implementation of […]
EDW responds to various consultations relating to the review of the EU Securitisation Framework and NPLs
As an ESMA-registered Securitisation Repository under the Securitisation Regulation (EU) 2017/2402 (SECR), European DataWarehouse has recently submitted responses to a number of consultations. These include the EC Targeted Consultation on the Functioning of the EU Securitisation Framework, the EBA Discussion Paper (DP) on NPL Data Templates, and the EC Targeted Consultation on Improving Transparency and […]
Steps toward the implementation of the EU NPL Action Plan
In the context of a post-pandemic recovery, European governments and the European financial system have been preparing for a wave of non-performing loans (NPLs) which are expected to be unveiled once the various COVID-19 support measures are terminated. In particular, as moratoria and other fiscal stimulus measures are phased out, experts expect to witness a […]
COVID & Credit Risk Profiles – EDW Explores Implied Moratoria Across Different Borrower Categories
How has the impact of COVID-19 differed amongst various borrower segments within the RMBS asset class? Our research shows that the criteria used to identify the loans most likely to default (credit risk) also apply for identifying the loans most likely to have obtained a moratorium. We have identified the moratoria in our loan-level database […]
ESG – A sustainable finance journey beyond the EU taxonomy
Sustainable Finance a key focus under the EU Green Deal The European regulatory landscape has been characterised by a period of profound change and development over the last decade. More recently, one of the main priorities of the European authorities and policy makers is sustainable finance. Sustainable finance is expected to play a vital role […]