European Union:
The European Securitisation Regulation: The Countdown Continues ESMA Consultation Paper—Draft Technical Standards On Securitisation Repositories
To print this article, all you need is to be registered or login on Mondaq.com.
Regulation (EU) 2017/2402 laying down a general framework for
securitisation and creating a specific framework for simple,
transparent and standardised securitisation
("Regulation") came into force on 18 January 2018 and
will apply to European credit institutions, insurance companies and
pension funds as well as alternative investment fund managers from
1 January 2019 onward. The Regulation tasks the three European
supervisory authorities with developing regulatory technical
standards and implementation technical standards for a number of
key areas addressed in the Regulation.
This Jones Day White Paper summarizes the
draft technical standards on operational standards for
securitisation repositories data collection, data aggregation and
comparison, data access, and procedures to verify completeness and
consistency of information as proposed by ESMA in its Consultation
Paper of 19 December 2017.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from European Union
Asset Recovery Comparative Guide
Bird & Bird
Asset Recovery Comparative Guide for the jurisdiction of UK, check out our comparative guides section to compare across multiple countries
FCA's Consultation Paper
Cadwalader, Wickersham & Taft LLP
Since 3 January 2018, firms that provide portfolio management or investment advice on an independent basis must pay for the research they obtain...
Regulation Round Up
Proskauer Rose LLP
Welcome to the UK Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation.
FCA To Permit Research Bundling
Akin Gump Strauss Hauer & Feld LLP
The Financial Conduct Authority (FCA) is seeking views on proposed rules that would allow asset managers to opt for bundled payments for third-party investment research, reversing a significant aspect of the UK's implementation of research rules under the Markets in Financial Instruments Directive (MiFID II).