Securitization data repositories get Commission go-ahead

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By Tom Brown
04 Sep 2020

Securitization data repositories proposed by Dutch MEP Paul Tang back in 2016 will begin their application process on September 23 this year, requiring both EU and UK ABS issuers to report data to the new entities.

The European Commission published the regulatory technical standards in the Official Journal of the European Union on Thursday, in a move which could improve market competition for data repositories.

Issuers of public UK and EU securitizations will be legally obliged to report data and documentation into regulated securitization ...

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