Insights for Fund Managers – ESA’s Opinion on the Jurisdictional Scope of Application of the EU Securitisation Regulation
By EsqSocial Corporation 01/04/21
On Friday 26 March 2021 a joint opinion on the jurisdictional scope of the obligations of the EU Securitisation Regulation1 (EUSR) was published (Joint Opinion, linked here) by the Joint Committee of the European Supervisory Authorities (ESAs, ie EBA, ESMA, EIOPA). The Joint Opinion is important because it contains the views of the ESAs on the EUSR’s jurisdictional scope on third country (ie nonEU) transactions and non-EU entities and the interplay between the EUSR and the Alternative...
By: Allen & Overy LLP