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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

Interpretation

1.—(1) — In this Schedule “the EU-derived securitisation legislation” means—

(a)the EU Securitisation Regulation 2017 and any provision made under it,

(b)any technical standards to which Chapter 2A of Part 9A of FSMA 2000(1) applies which were originally made under the EU Securitisation Regulation 2017, and

(c)the Securitisation Regulations 2018(2).

(2) Any reference in this Schedule to the revocation of the EU-derived securitisation legislation is a reference to its revocation by section 1(1) of, and Schedule 1 to, the Financial Services and Markets Act 2023.

(1)

Part 9A was inserted by section 24(1) of the Financial Services Act 2012; Chapter 2A was inserted by S.I. 2018/1115.

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