On Wednesday ESMA published its final draft RTS and ITS on disclosure requirements. These specify the information to be provided by the originator, sponsor and SSPE, and the required format and templates. They distinguish between term and ABCP, and also between private and public deals (where a securitisation repository has to be used – SR Article 7(2)). These have been submitted to the EC, which has 3 months to adopt or reject them.