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The Securitisation Regulations 2023

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Securitisation Regulations 2024 No. 102

Application for registration to provide third party verification service

This section has no associated Explanatory Memorandum

26.—(1) An application for registration to provide a third party verification service must—

(a)be made in such manner as the FCA may direct, and

(b)contain, or be accompanied by, such information as the FCA may reasonably require.

(2) At any time after the application is received and before it is determined, the FCA may require the applicant to provide it with such further information as it reasonably considers necessary to enable it to determine the application.

(3) The FCA may give different directions, and may impose different requirements, in relation to different applications or categories of application.

(4) The FCA may require an applicant to provide information which the applicant is required to provide to it under this Part in such form, or to verify it in such a way, as the FCA may direct.

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