Economy - published on 29 June 2021
Press release Bank of Italy
• ESMA reporting templates to be used as of 1 October 2021, replacing the current ECB templates
• All asset-backed securities (ABSs) seeking collateral eligibility are subject to the same Eurosystem loan-level data requirements, regardless of any disclosure exemption under the
• New reporting template for non-marketable debt instruments backed by eligible credit claims (DECCs)
In March 2019, the ECB decided that the loan-level data reporting requirements of the Eurosystem collateral framework will converge towards the disclosure requirements specified in the
Securitisation Regulation (Regulation (EU) No 2017/2402). Today, the ECB announces that the “ESMA reporting activation date” occurred on 25 June 2021, when all related
conditions were fulfilled.
Consequently, the new loan-level data rules will enter into effect after a transitional period of three months from the ESMA reporting activation date. As of 1 October 2021, ABSs under the scope
of the Securitisation Regulation will only be assessed for compliance against Eurosystem collateral eligibility criteria if loan-level data is submitted to an ESMA-registered securitisation
repository and according to the templates developed by ESMA.
All ABSs seeking eligibility as Eurosystem collateral are subject to the same loan-level data requirements, regardless of any exemption from the disclosure requirements under the Securitisation
Regulation. Therefore, eligible ABS issuers are required to provide information to the Eurosystem according to the procedures established in Sections 1 and 2 of the Commission Delegated
Regulation (EU) 2020/1224 of 16 October 2019, which entails the submission of investor reports, as well as templates on underlying exposures, inside information and significant events.
For eligible ABS
transactions issued prior to 1 January 2019 that are not subject to the Securitisation Regulation, the Eurosystem’s current loan-level data reporting requirements will
be maintained for a period of three years until 31 September 2024. After that date, ECB ABS loan-level data templates are phased out and those ABSs will equally be subject to the procedures
established in Sections 1 and 2 of the Commission Delegated Regulation (EU) 2020/1224 of 16 October 2019, as a Eurosystem eligibility requirement.
Lastly, to ensure that non-marketable debt instruments backed by eligible credit claims (DECCs) can comply with their respective loan-level data requirements, the ECB has created a specific ECB
SME DECC template.5 This decision takes into consideration that DECCs do not fall under the scope of the Securitisation Regulation.
Die italienisch-amerikanische Handelskammer lädt zu einer Veranstaltung der italienischen Handelsagentur über die Zukunft des italienischen Schmucks ein
Quelle: Pressestelle der Handelskammer Italien – Amerika Die italienische Handelsagentur lädt Sie [...]
Daily News 21 / 03 / 2023
Source: European Commission Spokesperson’s Service The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Luwei Wind Power Co., Ltd., Chungwei [...]
Source: European Central Bank “I welcome the swift action and the decisions taken by the Swiss authorities. They are instrumental for restoring orderly market conditions and ensuring financial stability. The euro area banking sector is resilient, with strong capital and liquidity positions. In any case, our policy toolkit is fully equipped to provide liquidity […]
Daily News 17 / 03 / 2023
Source: European Commission Spokesperson’s Service Yesterday, the Commission launched an open public consultation to gather views on the Recovery and Resilience Facility (RRF), the key instrument at the heart [...]
Source : press office Longarone Fiere 24 March is European Artisan Gelato Day. An important date for Longarone Fiere Dolomiti, which has been hosting the Mig (International Ice Cream Exhibition) for decades and has been the official headquarters of Artglace for a few months now. It was precisely from Longarone Fiere, a few years ago, […]
Source: Venicepromex and Longarone Fiere There were 35 artisanal ice cream sector excellence protagonists from Veneto at the X European Artisanal Ice Cream Day, which took place this morning at Hotel Ca ‘Sagredo, in campo Santa Sofia 4198/99 30121-Venezia. Of these, 20 were recognized for their role as standard-bearers of the regional artisanal ice cream […]
A path already begun in 2017 continues into an additional three years of legality to prevent infiltration by organized crime
Fonte: ufficio stampa Treviso, March 13, 2023. Preventing the infiltration of [...]