The Securitisation (Overseas STS Equivalence) (European Union, Iceland, Liechtenstein and Norway) Regulations 2026

The Treasury make these Regulations in exercise of the powers conferred by regulation 13(1) of the Securitisation Regulations 2024. Having had regard to the matters mentioned in regulation 13(3) of those Regulations, the Treasury are satisfied that the law and practice applicable across the European Union, Iceland, Liechtenstein and Norway, in relation to the securitisations specified in regulation 2(2), has equivalent effect (taken as a whole) to applicable UK law. The Treasury have also had regard to whether the Financial Conduct Authority and the Prudential Regulation Authority have established effective cooperation arrangements with relevant competent authorities in relation to the European Union, Iceland, Liechtenstein and Norway.