Regulatory Alerts2021-06-30
Communications - Communication of 28 June 2021
The Bank of Italy issued this communication to clarify prudential reporting requirements for financial intermediaries regarding securitizations and the third update to Circular 288/2015. It mandates the continued use of Data Point Model (DPM) version 2.8 for specific COREP modules beyond June 30, 2021, while aligning with EU regulations on STS securitizations and CRR2 capital requirements. Additionally, intermediaries must report by June 30, 2021, details on exposures to collective investment undertakings (OICs) benefiting from transitional treatment.
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