Minor and consequential amendmentsU.K.
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39In Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II), in Article 1 (definitions), in point 18b (meaning of “STS securitisation”)—
(a)the words from “a securitisation” to the end become paragraph (a);
(b)at the end of that paragraph, insert “; or
(b)an STS equivalent non-UK securitisation within the meaning of Article 2(A9) of Regulation (EU) 2017/2402;”.
Commencement Information
I1Sch. 2 para. 39 not in force at Royal Assent, see s. 86(3)
I2Sch. 2 para. 39 in force at 29.8.2023 by S.I. 2023/779, reg. 4(zz)(iii)