These Regulations amend the Regulated Covered Bonds (Amendment) Regulations 2011 (SI 2011/2859) (“the Amendment Regulations”) which will amend the Regulated Covered Bonds Regulations 2008 (SI 2008/346) (“the Principal Regulations”) on 1st January 2013. These Regulations make additional provision in relation to the asset pool maintained to secure the obligations of the issuer of a regulated covered bond.