2019 No. 660
The Securitisation (Amendment) (EU Exit) Regulations 2019 (revoked)F1
Made
Coming into force in accordance with regulation 1(2) and (3)
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F1PART 1General
Citation and commencementF11
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InterpretationF12
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F1PART 2Amendment of the Securitisation Regulation
F1CHAPTER 1Introductory provision
AmendmentsF13
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F1CHAPTER 2Amendment of Chapter 1 of the Securitisation Regulation (general provisions)
Article 2 (definitions)F14
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Article 3 (selling of securitisations to retail clients)F15
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Article 4 (requirements for securitisation special purpose entities)F16
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F1CHAPTER 3Amendment of Chapter 2 of the Securitisation Regulation (provisions applicable to all securitisations)
Article 5 (due-diligence requirements for institutional investors)F17
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Article 6 (risk retention)F18
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Article 7 (transparency requirements for originators, sponsors and SSPEs)F19
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Article 8 (ban on resecuritisation)F110
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Article 9 (criteria for credit-granting)F111
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F1CHAPTER 4Amendment of Chapter 3 of the Securitisation Regulation (conditions and procedures for registration of a securitisation repository)
Article 10 (registration of a securitisation repository)F112
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Article 11 (notification and consultation with competent authorities prior to registration or extension of registration)F113
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Article 12 (examination of the application)F114
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Articles 13 to 15 (notification of ESMA decisions relating to registration or extension of registration, powers of ESMA and withdrawal of registration)F115
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Article 16 (supervisory fees)F116
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Article 17 (availability of data held in a securitisation repository)F117
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F1CHAPTER 5Amendment of Chapter 4 of the Securitisation Regulation (simple, transparent and standardised securitisation)
Article 18 (use of the designation ‘simple, transparent and standardised securitisation’)F118
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Article 19 (simple, transparent and standardised securitisation)F119
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Article 20 (requirements relating to simplicity)F120
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Article 23 (simple, transparent and standardised ABCP securitisation)F121
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Article 24 (transaction-level requirements)F122
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Article 25 (sponsor of an ABCP programme)F123
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Article 27 (STS notification requirements)F124
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Article 28 (third party verifying STS compliance)F125
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F1CHAPTER 6Amendment of Chapter 5 of the Securitisation Regulation (supervision)
Article 29 (designation of competent authorities)F126
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Article 30 (powers of the competent authorities)F127
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Articles 31 to 37F128
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F1CHAPTER 7Amendment of Chapter 6 of the Securitisation Regulation (amendments)
Articles 38, 39 and 41F129
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Article 43 (transitional provisions)F130
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Articles 44 and 45F131
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Article 46 (review)F132
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Article 47 (exercise of the delegation)F133
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Final provisionF134
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F1PART 3Amendment of the CRA Regulation
Article 3 (definitions)F135
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F1PART 4Amendment of the EMIR Regulation
Article 2 (definitions)F136
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Article 4 (clearing obligation)F137
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Article 11 (risk-mitigation techniques for OTC derivative contracts not cleared by a CCP)F138
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F1PART 5Amendment of the Capital Requirements Regulation
F1CHAPTER 1Introductory provision
AmendmentsF139
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F1CHAPTER 2Amendment of Chapter 5 of Title 2 of Part 3 of the Capital Requirements Regulation
Chapter 5 (securitisation)F140
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References to the competent authoritiesF141
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Article 242 (definitions for Chapter 5)F142
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Article 244F143
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Article 245F144
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Article 248F145
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Article 250 (implicit support)F146
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Article 254F147
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Article 255 (determination of KIRB and KSA)F148
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Article 257 (determination of tranche maturity (MT))F149
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Article 270 (senior positions in SME securitisations)F150
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Article 270aF151
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Article 270e (securitisation mapping)F152
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F1CHAPTER 3Amendment of other Articles of the Capital Requirements Regulation
Article 337 (own funds requirement for securitisation instruments)F153
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Article 519a (reporting and review)F154
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F1PART 6Amendment of the Liquidity Commission Delegated Regulation
Article 13 of the Liquidity Commission Delegated Regulation (level 2B securitisations)F155
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F1PART 7Amendment of the CRR amending regulation
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F1PART 8Amendment of subordinate legislation
The Financial Services and Markets Act (Regulated Activities) Order 2001F157
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Amendment of the Securitisation Regulations 2018F158
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Regulations revoked (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/779, reg. 3(b), Sch.