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.