Diritto ed Economia dell'ImpresaISSN 2499-3158
G. Giappichelli Editore

30/09/2020 - ESMA confirms that the new Securitisation Regulation will entry into force on September 23rd

argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: ESMA - Securitisation - Repository

The date on which the new Securitisation Regulation is into force since September 23rd, 2020, as it was announced by the European Securities and Markets Authority (ESMA) on September 4th, 2020. In order to guarantee the best implementation and enforcement of its provisions, the Official Journal of the European Union issued seven technical standards publication that allow the opening of applications for entities to register as Securitisation Repository (SR) and the entry into force of new disclosure templates. This new version of Repository, namely the Securitisation Repository, will have the function to keep record of securitisations and will be registered and supervised by ESMA. Consequently, all institutions who want to be registered as SR and monitored by ESMA have now the possibility to do so from September 23rd, 2020. In order to do so, ESMA has developed a set of securitisation disclosure templates to improve and standardise the information made available to investors, potential investors and competent authorities, that will also be made available from September 23rd.