There are currently no known outstanding effects for the The Securitisation Regulations 2024, Paragraph 9.
9.—(1) The revocation of the EU-derived securitisation legislation does not affect the exercise by the FCA or the PRA, in respect of things done or omitted before the main commencement day, of their powers—U.K.
(a)under regulation 7 of the Securitisation Regulations 2018 (public censure) or regulation 8 of those Regulations (financial penalties),
(b)under any provision of the Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc, and Transitional Provisions) (EU Exit) Regulations 2019(1) as applied by the Securitisation Regulations 2018, or
(c)under any provision of FSMA 2000 as applied by the Securitisation Regulations 2018.
(2) Sub-paragraph (1) does not limit the application of section 16 of the Interpretation Act 1978(2).
Commencement Information
I1Sch. 3 para. 9 in force at 30.1.2024 for specified purposes and 1.11.2024 (the main commencement day) in so far as not already in force, see reg. 2(1)(e)(2)
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