ESAs propose ESG disclosures for STS securitisations

25 May 2023

Metadata
Provider: 
EBAEBA
URL: 
https://www.eba.europa.eu/esas-propose-esg-disclosures-sts-securitisationshttps://www.eba.europa.eu/esas-propose-esg-disclosures-sts-securitisations
Retrieved on: 
Saturday, May 27, 2023
Information
Tags: 
Civil service commission, EIOPA, Transparency, EBA, STS, SECR, Investment, SFDR, ESG, ESMA, European Commission, RTS, Medical device
Summary
Key Points: 
  • 25 May 2023
    The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today jointly submitted to the European Commission Draft Regulatory Technical Standards (RTS) on the ESG impact disclosure for Simple, Transparent and Standardised (STS) securitisations under the Securitisation Regulation (SECR).
  • These final draft RTS aim to help market participants make informed decisions about the sustainability impact of their investments.
  • The key proposals included in the technical standards specify ESG disclosures which would apply to STS securitisations where the underlying exposures are residential loans, auto loans and leases.
  • Following the submission of these RTS, the European Commission is expected to endorse the RTS within three months of their publication.
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