SECN 12 Format and standardised templates for making available the information and details of a securitisation

The requirements specified in SECN 12.2, SECN 12.3 and SECN 12.6 apply to all securitisations.

The requirements specified in SECN 12.4 and SECN 12.5 apply to securitisations for which the rules in PRM require a prospectus to be drawn up.

The information referred to in SECN 11.3.1R(1) and SECN 11.3.2R must be made available using the following templates:

1. (1)

   the template set out in SECN 12 Annex 2R for loans to private households secured by residential real estate, regardless of the purpose of those loans;

2. (2)

   the template set out in SECN 12 Annex 3R for loans for the purposes of acquiring commercial real estate or secured by commercial real estate;

3. (3)

   the template set out in SECN 12 Annex 4R for corporate underlying exposures, including underlying exposures to micro, small and medium-sized enterprises;

4. (4)

   the template set out in SECN 12 Annex 5R for automobile underlying exposures, including loans and leases to legal or natural persons that are backed by automobiles;

5. (5)

   the template set out in SECN 12 Annex 6R for consumer underlying exposures;

6. (6)

   the template set out in SECN 12 Annex 7R for credit card underlying exposures;

7. (7)

   the template set out in SECN 12 Annex 8R for leasing underlying exposures; and

8. (8)

   the template set out in SECN 12 Annex 9R for underlying exposures that do not fall within any of the categories set out in (1) to (7).

The information referred to in SECN 11.3.3R and SECN 11.3.4R must be made available using the following templates:

1. (1)

   the templates set out in SECN 12.2.1R, as relevant to the underlying exposure type; and

2. (2)

   the template set out in SECN 12 Annex 10R for non-performing exposure securitisations as referred to in SECN 11.3.4R.

The information referred to in SECN 11.3.5R must be made available using the template set out in SECN 12 Annex 11R.

The information referred to in SECN 11.4.1R must be made available using the template set out in SECN 12 Annex 12R.

The information referred to in SECN 11.4.2R must be made available using the template set out in SECN 12 Annex 13R.

The information referred to in SECN 11.7.1R must be made available using the template set out in SECN 12 Annex 14R.

The information referred to in SECN 11.7.2R must be made available using the template set out in SECN 12 Annex 15R.

The information referred to in SECN 11.8.1R must be made available using the template set out in SECN 12 Annex 14R.

The information referred to in SECN 11.8.2R must be made available using the template set out in SECN 12 Annex 15R.

The format of the information provided in the templates set out in SECN 12 Annexes 1R to 15R must conform to the corresponding format set out in Table 1 of SECN 12 Annex 1R.

The information must be made available in an electronic and machine-readable form via common extensible markup language (XML) templates.

Field formats

Underlying exposures template – Residential real estate

Underlying exposures template – Commercial real estate

Underlying exposures template – Corporate

Underlying exposures template – Automobile

Underlying exposures template – Consumer

Underlying exposures template – Credit card

Underlying exposures template – Leasing

Underlying exposures template – Esoteric

Underlying exposures template – Add-on for non-performing exposures

Underlying exposures template – Asset-backed commercial paper

Investor report template – Non-asset backed commercial paper securitisation

Investor report template – Asset backed commercial paper securitisation

Inside information or significant event template – Non-asset backed commercial paper securitisation

Inside information or significant event template – Asset backed commercial paper securitisation