Insights

  • Home
  • Insights
  • ESMA Opinion Details Technical Standards for Securitisation Disclosures

Share

ESMA Publishes Opinion

ESMA Opinion Details Technical Standards for Securitisation Disclosures

March 05, 2019 Jones Day Publications

With the aim of contributing to delivering a regulatory rulebook for European securitisation markets, the European Securities and Markets Authority ("ESMA") has published an Opinion (ESMA33-128-600) containing a revised set of draft regulatory standards ("RTS") and implementing technical standards ("ITS") under the Securitisation Regulation that address which details of a securitisation need to be published by the originator, sponsor, and Securitisation Special Purpose Entity, as well as the relevant format and templates. The Opinion reflects ESMA's response to the European Commission's ("EC") request for certain amendments to the disclosure RTS/ITS published in ESMA's Final Report (ESMA33-128-474) in August 2018. Additionally, ESMA published a first set of Q&As (ESMA33-128-563) that covers technical issues on how to complete template fields.

In this Jones Day White Paper, we set out ESMA's key proposals as amended in response to the EC's request.

Insights by Jones Day should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information purposes only and may not be quoted or referred to in any other publication or proceeding without the prior written consent of the Firm, to be given or withheld at our discretion. To request permission to reprint or reuse any of our Insights, please use our “Contact Us” form, which can be found on our website at www.jonesday.com. This Insight is not intended to create, and neither publication nor receipt of it constitutes, an attorney-client relationship. The views set forth herein are the personal views of the authors and do not necessarily reflect those of the Firm.
Contributors
You May Also Be Interested In

November 19, 2024 Alert

Approval of the Listing Act: Welcome Changes for Issuers of Debt Securities

November 15, 2024 White Paper

The CFTC Finalizes Guidance on Voluntary Carbon Credit Contracts for Derivatives Markets

November 13, 2024 Commentary

Landmark Climate Change Case Overturned: The Hague Court of Appeals Overturns Ruling Ordering Shell to Reduce CO2 Emissions

October 23, 2024 Commentary

CRD VI Requires Banks to Focus Even More on ESG Risk Management

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.