Under CRR 3, the European Banking Authority (EBA) was mandated to draft Regulatory Technical Standards (RTS) related to off-balance sheet items under the standardised approach for credit risk (SA-CR).
ESMA proposes to introduce separate disclosure template for European private securitisations which would no longer require the reporting of granular loan-level data. With that, ESMA intends to reduce the regulatory reporting burden for originators and sponsors and to increase the efficiency and effectiveness of supervision.
