ESMA Commercial Real Estate.Exposures.Financial Information Non-Submission Penalties
From Open Risk Manual
Definition of ESMA Commercial Real Estate.Exposures.Financial Information Non-Submission Penalties
ESMA Commercial Real Estate.Exposures.Financial Information Non-Submission Penalties
- Member of Table: ESMA Commercial Real Estate Exposures Table
- ESMA Field Index: CREL48
Description
Are there are monetary penalties for obligor's failure to submit required financial information (Op. Statement, Schedule, etc.) as per underlying exposure documents?
Field Characteristics
Format
The field type / format is: Y/N
No Data Options
- The field can be empty under data options ND1-ND4
- The field cannot be empty under data option ND5
No Data Options Legend
Option | Explanation |
---|---|
ND1 | Data not collected as not required by the lending or underwriting criteria |
ND2 | Data collected on underlying exposure application but not loaded into the originator’s reporting system |
ND3 | Data collected on underlying exposure application but loaded onto a separate system from the originator’s reporting system |
ND4 | Data collected but will only be available from YYYY-MM-DD (YYYY-MM-DD shall be completed) |
ND5 | Not applicable |
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the ESMA Securitisation Template for pointers to definitive instructions
{{#set:Availability of ND1-ND4 Option =YES|Availability of ND5 Option =NO|Field Type=Y/N}}
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