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ABS issuers advised not to use securitization repository loophole

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By Tom Brown
28 Jun 2021

ABS lawyers are asking issuers to resist taking advantage of a legal loophole left via a regulatory quirk, where a number of CLO and CMBS deals are technically exempt from switching data over to the securitization repositories approved by the European Securities and Markets Authority (ESMA) on Friday.

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By Tom Brown
28 Jun 2021