The European Securities and Markets Authority has published a press release confirming that certain requirements under the Securitization Regulation will enter into force on September 23, 2020.
The following Technical Standards were published in the Official Journal of the European Union on September 3, 2020:
ESMA states that from September 23, 2020, the new disclosure template will need to be used to disclose any new information about a securitization. The temporary use of the "CRA 3" disclosure template should cease from that date. In addition, applications for registration as a securitization repository will open on that date.
View ESMA's press release.
View ESMA's webpage on the Securitization Regulation.
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