Commission Implementing Regulation (EU) 2020/1227 of 12 November 2019 laying down implementing technical standards with regard to templates for the provision of information in accordance with the STS notification requirements (Text with EEA relevance)

Templates for STS notification

Article 1

1.   The information referred to in Article 1(1)(a) and Article 1(2)(a) of Commission Delegated Regulation (EU) 2020/1226  ( 3 ) shall be provided by means of the template set out in Annex I to this Regulation. 2.   The information referred to in Article 1(1)(b) and Article 1(2)(b) of Delegated Regulation (EU) 2020/1226 shall be provided by means of the template set out in Annex II to this Regulation. 3.   The information referred to in Article 1(1)(c) and Article 1(2)(c) of Delegated Regulation (EU) 2020/1226 shall be provided by means of the template set out in Annex III to this Regulation. 4.   Where the information to be provided pursuant to this Article is not available or required due to the application of the transitional provisions laid down in Article 43 of Regulation (EU) 2017/2402, the notification shall state ‘Not applicable due to the application of transitional provisions’ in the relevant field or fields of the Annexes to this Regulation. 5.   The information referred to in this Article shall be submitted in an electronic and machine-readable form. 6.   The ‘Additional information’ referred to in Article 2 of Delegated Regulation (EU) 2020/1226 shall be included in the field ‘Box to complete’ of Annexes I to III to this Regulation.

Entry into force

Article 2

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union .

ANNEX ISupplementary provisions

ANNEX I Field formats to be applied to the STS notification form SYMBOL DATA TYPE DEFINITION {ALPHANUM-n} Up to n alphanumeric characters Free text field. Should be entered in ASCII format (no accented characters). {COUNTRYCODE_2} 2 alphanumeric characters 2 letter country code, as defined by ISO 3166-1 alpha-2 country code. Should be entered in ASCII format (no accented characters). {CURRENCYCODE_3} 3 alphanumeric characters 3 letter currency code, as defined by ISO 4217 currency codes. Should be entered in ASCII format (no accented characters). {DATEFORMAT} ISO 8601 date format Dates shall be formatted by the following format: YYYY-MM-DD {Y/N} 1 alphanumeric character ‘true’- Y ’false’ – N {ISIN} 12 alphanumeric characters ISIN code, as defined in ISO 6166 {LEI} 20 alphanumeric characters Legal entity identifier, as defined in ISO 17442 STS notification form for non-ABCP securitisations FIELD CODE FIELD NAME BOX TO COMPLETE FIELD FORMAT STSS0 First contact point   {ALPHANUM-1000} STSS1 Instrument identification code   {ISIN} STSS2 LEI of the originator or sponsor or original lender   {LEI} STSS3 Notification identifier   {ALPHANUM-100} STSS4 Unique Identifier   {ALPHANUM-100} STSS5 Prospectus Identifier   {ALPHANUM-100} STSS6 Securitisation repository   {ALPHANUM-1000} STSS7 Securitisation Name   {ALPHANUM-100} STSS8 Country of establishment   {COUNTRYCODE_2} STSS9 Securitisation classification   {LIST} STSS10 Underlying Exposures Type   {LIST} STSS11 Issue date   {DATEFORMAT} STSS12 Notification Date   {DATEFORMAT} STSS13 Authorised third party   {ALPHANUM-100} STSS14 Authorised third party (name and country of establishment)   {ALPHANUM-1000} {COUNTRYCODE_2} STSS15 Competent authority which has authorised the third party   {ALPHANUM-100} STSS16 STS status   {ALPHANUM-1000} STSS17 Originator (or original lender) not a EU credit institution   {Y/N} STSS18 Confirmation of credit-granting criteria   {ALPHANUM-1000} STSS19 Declaration that credit-granting criteria are subject to supervision   {ALPHANUM-1000} STSS20 Underlying exposures acquired by true sale   {ALPHANUM-10000} STSS21 No severe clawback   {ALPHANUM-10000} STSS22 Exemption for clawback provisions in national insolvency laws   {ALPHANUM-1000} STSS23 Transfer where the seller is not the original lender   {ALPHANUM-1000} STSS24 Transfer performed by means of an assignment and perfected at a later stage   {ALPHANUM-10000} STSS25 Representations and warranties   {ALPHANUM-10000} STSS26 Criteria for active Portfolio Management   {ALPHANUM-10000} STSS27 Homogeneity of assets   {ALPHANUM} STSS28 Underlying Exposure Obligations/no re-securitisation   {ALPHANUM-1000} STSS29 Soundness of the underwriting standard   {ALPHANUM} STSS30 Originator/Lender Expertise   {ALPHANUM} STSS31 Defaulted Assets   {ALPHANUM} STSS32 At least one payment at the time of transfer   {ALPHANUM-1000} STSS33 Repayment of the holders/sale of assets.   {ALPHANUM} STSS34 Compliance with the risk retention requirements   {LIST} STSS35 Mitigation of Interest rates (IR) and currency risks (FX) Risks   {ALPHANUM-10000} STSS36 Derivatives Purchased/Sold by SSPE   {ALPHANUM-10000} STSS37 Derivatives using common standards   {ALPHANUM-10000} STSS38 Referenced interest payments based on generally used interest rates   {ALPHANUM-10000} STSS39 No trapping of cash following enforcement or acceleration notice   {ALPHANUM-10000} STSS40 No amount of cash shall be trapped   {ALPHANUM-1000} STSS41 Principal receipts shall be passed to investors   {ALPHANUM-1000} STSS42 Repayment shall not be reversed with regard to their seniority   {ALPHANUM-1000} STSS43 No provisions shall require automatic liquidation of the underlying exposures at market value   {ALPHANUM-1000} STSS44 Securitisations featuring non-sequential priority of payments   {ALPHANUM-1000} STSS45 Revolving securitisation with early amortisation events for termination of revolving period based on prescribed triggers   {ALPHANUM-10000} STSS46 Deterioration in the credit quality of the underlying exposures   {ALPHANUM-10000} STSS47 Occurrence of an insolvency-related event of the originator or servicer   {ALPHANUM-10000} STSS48 Value of the underlying exposures held by the SSPE falls below a pre-determined threshold   {ALPHANUM-10000} STSS49 Failure to generate sufficient new underlying exposures meeting pre-determined credit quality (trigger for termination of the revolving period)   {ALPHANUM-10000} STSS50 Information regarding contractual obligations of the servicer, trustee and other ancillary service providers   {ALPHANUM-1000} STSS51 Servicing Continuity Provisions   {ALPHANUM-1000} STSS52 Derivative Counterparties Continuity Provisions   {ALPHANUM-1000} STSS53 Liquidity providers and account bank continuity provisions   {ALPHANUM-1000} STSS54 Required expertise from the servicer & policies & adequate procedures & risk management controls in place   {ALPHANUM} STSS55 Clear & consistent definitions (problem loans)   {ALPHANUM-1000} STSS56 Priorities of payment and triggers events   {ALPHANUM-1000} STSS57 Timely resolution of conflicts between classes of investors and responsibilities of trustees   {ALPHANUM-1000} STSS58 Historical Default and Loss Performance Data   {ALPHANUM-1000} STSS59 Sample of the underlying exposures subject to external verifications   {ALPHANUM-1000} STSS60 Availability of a liability cash flow model to potential investors   {ALPHANUM-1000} STSS61 Environmental performance/residential loans or car loans or leases   {ALPHANUM-10000} STSS62 Originator and sponsor responsible for compliance with Article 7 of Regulation (EU) 2017/2402   {ALPHANUM-1000}

ANNEX IISupplementary provisions

ANNEX II Field formats to be applied to the STS notification form SYMBOL DATA TYPE DEFINITION {ALPHANUM-n} Up to n alphanumeric characters Free text field. Should be entered in ASCII format (no accented characters). {COUNTRYCODE_2} 2 alphanumeric characters 2 letter country code, as defined by ISO 3166-1 alpha-2 country code. Should be entered in ASCII format (no accented characters). {CURRENCYCODE_3} 3 alphanumeric characters 3 letter currency code, as defined by ISO 4217 currency codes. Should be entered in ASCII format (no accented characters). {DATEFORMAT} ISO 8601 date format Dates shall be formatted by the following format: YYYY-MM-DD {Y/N} 1 alphanumeric character ‘true’- Y ’false’ – N {ISIN} 12 alphanumeric characters ISIN code, as defined in ISO 6166 {LEI} 20 alphanumeric characters Legal entity identifier, as defined in ISO 17442 STS notification form for ABCP securitisations FIELD CODE FIELD NAME BOX TO COMPLETE FIELD FORMAT STSAT0 First contact point   {ALPHANUM-1000} STSAT1 Instrument identification code   {ISIN} STSAT2 LEI of the originator or sponsor or original lender   {LEI} STSAT3 Notification identifier   {ALPHANUM-100} STSAT4 Unique Identifier   {ALPHANUM-100} STSAT5 Prospectus Identifier   {ALPHANUM-100} STSAT6 Securitisation repository   {ALPHANUM-1000} STSAT7 Securitisation Name   {ALPHANUM-100} STSAT8 Place of establishment   {ALPHANUM-1000} STSAT9 Securitisation Type   {LIST} STSAT10 Underlying Exposures Type   {LIST} STSAT11 Issue date   {DATEFORMAT} STSAT12 Notification Date   {DATEFORMAT} STSAT13 Authorised third party   {ALPHANUM-100} STSAT14 Authorised third party (name and country of establishment)   {ALPHANUM-1000} {COUNTRYCODE_2} STSAT15 Competent authority which has authorised the third party   {ALPHANUM-100} STSAT16 STS status   {ALPHANUM-1000} STSAT17 Originator (or original lender) not a EU credit institution   {Y/N} STSAT18 Confirmation of credit-granting criteria   {ALPHANUM-1000} STSAT19 Declaration that credit-granting criteria are subject to supervision   {ALPHANUM-1000} STSAT20 Underlying exposures acquired by true sale   {ALPHANUM-10000} STSAT21 No severe clawback   {ALPHANUM-10000} STSAT22 Exemption for clawback provisions in national insolvency laws   {ALPHANUM-1000} STSAT23 Transfer where the seller is not the original lender   {ALPHANUM-1000} STSAT24 Transfer performed by means of an assignment and perfected at a later stage   {ALPHANUM-10000} STSAT25 Representations and warranties   {ALPHANUM-10000} STSAT26 Criteria for active Portfolio Management   {ALPHANUM-10000} STSAT27 No re-securitisation   {ALPHANUM-1000} STSAT28 Transferred underlying exposures without defaulted exposures   {ALPHANUM} STSAT29 At least one payment made at the time of transfer   {ALPHANUM-1000} STSAT30 Repayment of the holders/sale of assets.   {ALPHANUM} STSAT31 Mitigation of Interest rates (IR) and currency risks (FX) Risks   {ALPHANUM-10000} STSAT32 Derivatives Purchased/Sold by SSPE   {ALPHANUM-10000} STSAT33 Derivatives in Underlying Exposures   {ALPHANUM-10000} STSAT34 Derivatives using common standards   {ALPHANUM-10000} STSAT35 Clear and consistent definitions relating to the treatment of problem loans   {ALPHANUM-1000} STSAT36 Priority of Payments and triggers events   {ALPHANUM-1000} STSAT37 Historical Default and Loss Performance Data   {ALPHANUM-1000} STSAT38 Homogeneity of assets   {ALPHANUM} STSAT39 Underlying Exposure Obligations   {ALPHANUM-1000} STSAT40 Underlying Exposure Obligations   {ALPHANUM-1000} STSAT41 Referenced interest payments based on generally used interest rates   {ALPHANUM-10000} STSAT42 No trapping of cash flow following enforcement or acceleration notice   {ALPHANUM-10000} STSAT43 No trapping of cash/enforcement or acceleration   {ALPHANUM-1000} STSAT44 Principal receipts shall be passed to investors   {ALPHANUM-1000} STSAT45 No provisions shall require automatic liquidation of the underlying exposures at market value   {ALPHANUM-1000} STSAT46 Soundness of the underwriting standards   {ALPHANUM} STSAT47 Seller Expertise   {ALPHANUM} STSAT48 Revolving ABCP transaction/credit quality trigger.   {ALPHANUM} STSAT49 Securitisation Participant Duties   {ALPHANUM-1000} STSAT50 Servicing Continuity Provisions   {ALPHANUM-1000} STSAT51 Derivative counterparty and account bank continuity provisions   {ALPHANUM-1000} STSAT52 Sponsor Robustness   {ALPHANUM-1000}

ANNEX IIISupplementary provisions

ANNEX III Field formats to be applied to the STS notification form SYMBOL DATA TYPE DEFINITION {ALPHANUM-n} Up to n alphanumeric characters Free text field. Should be entered in ASCII format (no accented characters). {COUNTRYCODE_2} 2 alphanumeric characters 2 letter country code, as defined by ISO 3166-1 alpha-2 country code. Should be entered in ASCII format (no accented characters). {CURRENCYCODE_3} 3 alphanumeric characters 3 letter currency code, as defined by ISO 4217 currency codes. Should be entered in ASCII format (no accented characters). {DATEFORMAT} ISO 8601 date format Dates shall be formatted by the following format: YYYY-MM-DD {Y/N} 1 alphanumeric character ‘true’- Y ’false’ – N {ISIN} 12 alphanumeric characters ISIN code, as defined in ISO 6166 {LEI} 20 alphanumeric characters Legal entity identifier, as defined in ISO 17442 STS notification form for ABCP Programme FIELD CODE FIELD NAME BOX TO COMPLETE FIELD FORMAT STSAP0 First contact point   {ALPHANUM-1000} STSAP1 Instrument identification code   {ISIN} STSAP2 LEI of the sponsor   {LEI} STSAP3 Notification identifier   {ALPHANUM-100} STSAP4 Unique Identifier   {ALPHANUM-100} STSAP5 Prospectus Identifier   {ALPHANUM-100} STSAP6 Securitisation repository   {ALPHANUM-1000} STSAP7 ABCP programme name   {ALPHANUM-100} STSAP8 Country of establishment   {ALPHANUM-1000} STSAP9 Instrument classification   {LIST} STSAP10 Issue date   {DATEFORMAT} STSAP11 Notification date   {DATEFORMAT} STSAP12 Authorised third party   {ALPHANUM-100} STSAP13 Authorised third party (name and country of establishment)   {ALPHANUM-1000} {COUNTRYCODE_2} STSAP14 Competent authority which has authorised the third party   {ALPHANUM-100} STSAP15 STS status   {ALPHANUM-1000} STSAP16 Sponsor to be supervised credit institution   {ALPHANUM-1000} STSAP17 Sponsor Support as liquidity provider   {ALPHANUM-1000} STSAP18 Demonstration to credit institution’s competent authority   {ALPHANUM-1000} STSAP19 Compliance with sponsor’s due diligence requirements   {ALPHANUM-1000} STSAP20 Compliance with the risk retention requirements (transaction level/programme level)   {LIST} STSAP21 Compliance at ABCP programme level with Article 7 of Regulation (EU) 2017/2402   {ALPHANUM-1000} STSAP22 Drawn down of liquidity where liquidity facility are not renewed   {ALPHANUM-10000} STSAP23 Compliance of ABCP transactions within an ABCP programme with Article 24(1) to (8) and (12) to (20) of Regulation (EU) 2017/2402   {ALPHANUM-1000} STSAP24 Maximum of 5 % of the aggregate amount of the underlying exposures being temporally non-compliant   {ALPHANUM} STSAP25 Remaining weighted of the average life (WAL) not more than two years   {ALPHANUM-1000} STSAP26 Fully supported ABCP Programme (Sponsor Support)   {ALPHANUM-10000} STSAP27 No re-securitisation and no credit enhancement establishing a second layer of tranching at the ABCP programme level   {ALPHANUM-1000} STSAP28 No call options   {ALPHANUM-1000} STSAP29 Interest rate and currency risks at ABCP programme appropriately mitigated and documented   {ALPHANUM} STSAP30 Requirements for ABCP programme documentation (responsibilities of the trustee to investors)   {ALPHANUM-1000} STSAP31 Requirements for the ABCP programme documentation (contractual obligations of the sponsor)   {ALPHANUM-1000} STSAP32 Requirements for the ABCP programme documentation (process & responsibilities in case of defaulted servicer)   {ALPHANUM-1000} STSAP33 Requirements for the ABCP programme documentation (provisions for replacement of derivatives counterparties and the account bank)   {ALPHANUM-1000} STSAP34 Requirements for the ABCP programme documentation (procedures to ensure collateralisation of the funding commitment)   {ALPHANUM-1000} STSAP35 Requirements for the ABCP programme documentation (liquidity facility & maturing securities to be repaid where the sponsor does not renew the funding commitment of the liquidity facility before its expiry)   {ALPHANUM-1000} STSAP36 Servicer Expertise   {ALPHANUM}