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AFME publishes joint response to ESMA's consultation on private securitisation disclosure reforms

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Published on: 01 April 2025

Published by LNB News

LNB News 01/04/2025

Document Information

Issue Date: 01 April 2025

Published Date: 01 April 2025

Jurisdiction(s): European Union

Article summary

The Association for Financial Markets in Europe (AFME), Commercial Real Estate Finance Council (CREFC) Europe and International Capital Market Association (ICMA) submitted a joint response to the European Securities and Markets Authority's (ESMA) consultation on revising private securitisation disclosure requirements. The joint response argues against: introducing a simplified reporting regime for EU-originated securitisations before wider reforms, citing concerns about potential changes to private securitisation definitions, continued template-based reporting requirements, and unresolved third-country reporting issues. They propose an alternative approach focusing on supervisory reporting needs while allowing more flexible investor disclosures.

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