The Risk Transformation Regulations 2017

These Regulations make provision for transformer vehicles, within the meaning given by section 284A of the Financial Services and Markets Act 2001 (c. 8; section 284A was inserted by section 31 of the Bank of England and Financial Services Act 2016 (c. 14)). They are to be read with the Risk Transformation (Tax) Regulations 2017. Collectively, these Regulations facilitate and regulate the issue of insurance linked securities in the United Kingdom.

Lifecycle

Department

Made

TBC

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Comes into force

TBC

Enabling power

The Treasury, in exercise of the powers conferred by section 2(2) of the European Communities Act 1972and sections 22(1) and (5), 22A, 55C, 284A, 426 and 428(3) of, and paragraph 25 of Schedule 2 to, the Financial Services and Markets Act 2000, make the following Regulations:

DocumentsOpen on legislation.gov.uk →

Explanatory Memorandum

UK Explanatory Memorandum

application/pdf · 06 Dec 2017 · 43 KB

Instrument

application/pdf · 06 Dec 2017 · 521 KB