Everything you need to know about reporting to a Securitisation Repository under the EU Securitisation Regulation
Introducing the Securitisation Regulation (EU) 2017/2402 The Securitisation Regulation (EU) 2017/2402 (SECR), which was published in the Official Journal of the EU on 28 December 2017, establishes a general framework for all securitisations and creates a more specific framework for simple, transparent and standardised (STS) securitisations. The SECR has introduced new disclosure requirements for the […]
Special Reporting Guidelines: Written Confirmation document required by Securitisation Repositories
The new disclosure regime introduced by the Securitisation Regulation (EU) 2017/2402 requires reporting entities for public securitisations to submit a series of data templates and documents to a Securitisation Repository. While there are technical standards to verify the consistency and completeness of the XML Templates provided to a Securitisation Repository, this is not the case […]
Facing rejection of your data submission under the Securitisation Regulation?
More than three years after the Securitisation Regulation (EU)2017/2402 came into force, the registration of the first EU Securitisation Repository in June 2021 will close the final gap in the disclosure framework. Since September 2020, the use of the new reporting templates developed by the European Securities & Market Authority (ESMA) and implemented in a […]
ESAs recommendations on private transactions
The European Supervisory Authorities published a Joint Committee Report on 17 May 2021 pursuant to Article 44 of the Securitisation Regulation (SECR) (EU) 2017/2402 as part of its revision. The Report includes a number of recommendations for consideration by the European Commission in the context of the upcoming review of the SECR. Specifically, there are […]
Venice – New Hotspot for Holidays of a Different Kind
Built upon a lagoon 1600 years ago in the Veneto region of Italy, the historical city of Venice is among Europe’s top tourist hot spots. Increasing living costs have over the years, however, led to a decrease in the city’s resident population and an increase in the concentration of properties for rent. Now, with the […]
New Pan-European Challenges for European DataWarehouse and Pegaso 2000
In the last months, the Eurosystem has been actively implementing a series of measures to support access to credit for the real economy. The most recent measures came in with the announcement of three long-term auctions in 2021 and the extension of the Pandemic Emergency Purchase Program (PEPP) until March 2022. The adopted measures include […]
EDW Supports a Historical ESG Renovation in Italy
Between 2015-2017 The “Magnifica Regola di Selva e Pescul di Cadore” (the administrative body for the self-government of mountain communities) has contributed to recovery efforts of the “L MOLIN DEI PADRE” (the father’s mill). The restoration and reconstruction included rebuilding the roof, the racks and the feed water channels, the wooden external wheels and transmission […]
Monitoring the Impact of COVID-19: Consumer Loan Insights
We recently looked into the payment holiday statistics for our consumer loans in our dataset. The results were discussed in our webinar on 15 December 2020. In the blog below, we discuss the insights at greater length. Usman Jamil and Gianluca Ginelli As no single field in our database fully captures the existence of payment […]
Shaping European Data Governance: The Future of Digitalisation According to the European Union
The idea that society should benefit from data that has been generated using public funds has been part of European Union (EU or Union) policy for a long time. A typical example is the collection of energy efficiency certificates (EPC) for buildings across jurisdictions. Directive (EU) 2019/1024, as well as sector-specific legislation, ensures that the […]
Impact of COVID-19 on Small Businesses and the Self-Employed: Evidence from Auto ABS Data
In our ABS auto data (which includes different types of loans and leases) we see that SME borrowers and the self-employed benefitted the most from maturity extensions, a specific type of loan modification which suggest that the borrowers were able to skip a payment in a time of need, therefore extending the expected life of […]