The Securitisation Regulations 2024
These Regulations specify certain securitisation activities as “designated activities” for the purposes of the Financial Services and Markets Act 2000 (see Part 5A) (c. 8) and confer powers on the Financial Conduct Authority (“FCA”) to make rules and give directions in relation to these activities. The activities are acting as an originator, sponsor, original lender or securitisation special purpose entity in a securitisation and selling a securitisation position to a retail client in the United Kingdom.
Lifecycle
Department
Made
29 Jan 2024
—
Comes into force
TBC
Enabling power
In accordance with sections 71S(2) and 429(2) and (9) of the Financial Services and Markets Act 2000and section 4(9) of the Financial Services and Markets Act 2023, a draft of these Regulations has been laid before, and approved by a resolution of, each House of Parliament.
DocumentsOpen on legislation.gov.uk →