The proposed draft RTS aim to:

• facilitate disclosure by the originators of the principal adverse impacts of assets financed by STS securitisations on environmental, social and governance-related factors;
• supplement the single rulebook under the Securitisation Regulation as amended by the Capital Markets Recovery Package (CMRP);
• draw upon the ESAs’ work in respect of sustainability-related disclosures in the financial services under the Sustainable Finance Disclosure Regulation (SFRD).

Consultation process and next steps

The closing date for responses to the consultation is 2 July 2022.

All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input - Consultations’. Respondents are invited to use the “response form”.

Following the consultation period, the draft RTS will be finalised and submitted to the European Commission.