Statutory Instruments

2024 No. 102

Financial Services And Markets

The Securitisation Regulations 2024

Made

29th January 2024

Coming into force in accordance with regulation 2

The Treasury make the following Regulations in exercise of the powers conferred by sections 3RE, 71K, 71M, 71N(2) and (5), 71O(2), (10) and (11), 71P, 71Q, 138EA and 428(3) of the Financial Services and Markets Act 2000(1) and sections 4, 84(2) and 86(5) and (6) of the Financial Services and Markets Act 2023(2).

In accordance with sections 71S(2) and 429(2) and (9) of the Financial Services and Markets Act 2000(3) and section 4(9) of the Financial Services and Markets Act 2023(4), a draft of these Regulations has been laid before, and approved by a resolution of, each House of Parliament.

(1)

2000 c. 8. Section 3RE was inserted by section 30 of the Financial Services and Markets Act 2023 (c. 29); sections 71K to 71Q were inserted by section 8(2) of that Act; section 138EA was inserted by section 31(2) of that Act. Section 428(3) was amended by section 66(3)(a) of that Act.

(2)

2023 c. 29.

(3)

Section 71S was inserted by section 8(2) of the Financial Services and Markets Act 2023; section 429(2) was amended by sections 30(3) and 31(5) of that Act. There are other amendments to section 429(2) which are not relevant.

(4)

For the meaning of “the affirmative procedure”, see section 84(3) of the Financial Services and Markets Act 2023.