Regulatory Alerts2023-05-25
Final Report on ESG disclosure for STS securitisations
The European Supervisory Authorities issued final Regulatory Technical Standards requiring originators of Simple, Transparent and Standardised (STS) securitisations to disclose principal adverse impacts on sustainability factors. These standards align disclosure methodologies with the Sustainable Finance Disclosure Regulation for underlying exposures such as residential and auto loans, offering an optional framework alongside existing environmental performance requirements. The report incorporates feedback from public consultations, adjusting implementation timelines and clarifying that the regime remains voluntary for eligible transactions.
Share