Investor Reporting Package Committee
Chairman:
Kumaresh Thiru, Vice President, Morgan Stanley
Purpose:
Version 1.0 of the Commercial Real Estate Finance Council’s European Investor Reporting Package® (E-IRP®) was released in October 2005.
E-IRP Committee is currently in the process of updating the reporting package to version 2.0 and set to introduce further standards in Loan and CMBS reporting. The group is working to make the package adaptable to various transaction types and ways to encourage broader use of the package amongst Originators, Issuers and Servicers. A key point of the E-IRP v2.0 is that the reporting package can be used across CRE as a sector by balance sheet lenders and structured finance products.
The E-IRP has formed the basis of the European Central Bank loan level data template for CMBS transactions used to transfer data amongst market participants. Use of the ECB CMBS template is a requirement for any loans placed on deposit with the ECB.
Package continues to evolve to include new developments and requirements of the industry on a periodic basis.
To view the package and download the files click here.
For further information or to become involved with the E-IRP or Sub Committees contact jjones@eu.crefc.org