EuroABS would like to make the following statements in regard to COVID-19 and the ongoing uncertain economic situation:-
• EuroABS took the precaution of closing its offices on the 3rd March 2020 and has been fully operational, in accordance with our Business Continuity plans, from that date.
• All EuroABS staff are fully operational and there has been zero downtime and zero delay in our services, systems and products.
• We are in continuous conversation with all relevant authorities and regulators in regard to the Securitisation Regulation and will keep all of our clients updated during these uncertain times.
• Any customers that need guidance or assistance with the existing or upcoming regulations, please reach out to your relevant EuroABS contact. This will include, but is not limited to
° ESMA, CRA3 or central bank data preparation;
° STS or Bank of England modelling;
° Securitisation Regulation secure hosting, etc.
• Any market participants who are concerned about existing compliance and hosting solutions, we can help.
EuroABS has been committed to the Securitisation markets for 20 years and we are well-prepared for this ongoing crisis.
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