Delegated Regulation on Sustainability Impact Disclosure for Simple, Transparent and Standardised Securitisations under EU Securitisation Regulation published

Commission Delegated Regulation (EU) 2024/1700 was published in the Official Journal of the European Union, supplementing the EU Securitisation Regulation with regard to RTS, specifying, for simple, transparent and standardised non-asset-backed commercial paper, traditional securitisation and for STS balance sheet securitisation, the content, methodologies and presentation of information relating to the principal negative impacts of assets financed by underlying exposures on sustainability factors, was published in the Official Journal of the European Union. The Capital Markets Recovery Package amended the Securitisation Regulation to provide STS securitisation entities with the possibility to disclose available information relating to the principal negative impacts on sustainability factors of assets financed by home loans, car loans or leases. The Delegated Regulation aims to standardise the type and presentation of information that an affiliated entity may disclose on the adverse impacts of assets financed by underlying exposures on the environment and other sustainability factors. The Delegated Regulation also aims to ensure maximum coherence with the work of the European Supervisory Authorities on sustainability-related disclosures in financial services under the EU Financial Sustainability Disclosure Regulation. The Delegated Regulation will enter into force on 9 July 2024, 20 days after its publication in the Official Journal of the European Union.

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