Article 5Frequency of reporting

1.

The information set out in Article 3(a) and (d) shall be made available on a quarterly basis, no later than one month following the due date for payment of interest on the structured finance instrument concerned.

2.

The information set out in Article 3(b) and (c) shall be made available without delay after the issuance of a structured finance instrument.

3.

In addition to the requirements set out in paragraphs 1 and 2:

(a)

where the requirements laid down in Article 17 of Regulation (EU) No 596/2014 of the European Parliament and of the Council5 on insider dealing and market manipulation (market abuse) apply also in relation to a structured finance instrument, any disclosure of information pursuant to that article shall also subsequently be published without delay on the SFIs website by the reporting entity;

(b)

where point (a) does not apply, the reporting entity shall disclose without delay on the SFIs website any significant change or event in any of the following cases:

  1. (i)

    a breach of the obligations laid down in the documents provided in accordance with Article 3(b);

  2. (ii)

    structural features that can materially impact on the performance of the structured finance instrument;

  3. (iii)

    the risk characteristics of the structured finance instrument and of the underlying assets.