The STS (‘Simple, Transparent, and Standardised’) regulations for securitisations require additional processing for both issuers and certain investors in tranched debt exposures. Issuers are required to perform extensive due diligence and in-depth regulatory disclosures. Where AIFs/UCITS invest in securitisations the AIFM/Man Co. must ensure the issuer has performed the required due diligence and is meeting the retained interest requirement.
IntegraLynx helps both parties to manage the due diligence workflow – storing information and relevant files in a centralised and audit-able database. In addition to this, IntegraLynx manages the creation of STS notifications (.xml) and electronic submission to local NCAs.