I am currently reading through the Reporting Instructions for securitisations which states for non-ABCP securitisations on page 7:
Information on the underlying exposures for non-ABCP securitisation must be reported on a quarterly basis at the latest one month after the due date for the payment of interest.
Which is, so far, understandable.
However, there is also a Question and Answers On the Securitisaion Regulation document which shows the following table on page 8:
To me it's not clea how to understand this. In particular, I cannot quite understand what the cut-off date is.
I understand that, e.g. having a interest payment date (IPD) of 5th of January, a report has to be submitted until the 5th of February. However, the table states that the "data cut-off date" is "no more than two-months before the actual submission date".
So which timeframe does the report have to contain then?
Is there a more concrete example for this?