EDW responds to various consultations relating to the review of the EU Securitisation Framework and NPLs

 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 … Continued

Steps toward the implementation of the EU NPL Action Plan

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 … Continued

COVID & Credit Risk Profiles – EDW Explores Implied Moratoria Across Different Borrower Categories

COVID & Credit Risk – 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 … Continued

ESG – A sustainable finance journey beyond the EU taxonomy

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 … Continued

Everything you need to know about reporting to a Securitisation Repository under the EU Securitisation Regulation

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 … Continued

Special Reporting Guidelines: Written Confirmation document required by Securitisation Repositories

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 … Continued

ESAs recommendations on private transactions

 ESAs recommendations for private securitisations 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 … Continued

New Pan-European Challenges for European DataWarehouse and Pegaso 2000

THE EVOLUTION OF ADDITIONAL CREDIT CLAIMS IN THE EUROSYSTEM: 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 … Continued