UK Securitisation Regulation—essentials [Archived]
Published by a LexisNexis Banking & Finance expert
Practice notesUK Securitisation Regulation—essentials [Archived]
Published by a LexisNexis Banking & Finance expert
Practice notesARCHIVED: This PrACTice Note is archived and is no longer maintained.
This Practice Note provides information on Assimilated Regulation (EU) 2017/2402 (UK Securitisation Regulation).
The UK securitisation regime—UK Securitisation Regulation and related legislation
The principal measures comprising the UK securitisation regime are:
- •
the UK Securitisation Regulation
- •
Assimilated Regulation (EU) 2017/2401 (the UK CRR Amendment Regulation) which makes the capital treatment of securitisations for banks and investment firms under the Assimilated Regulation (EU) 575/2013 (UK CRR) more risk-sensitive and able to reflect properly the specific features of STS securitisations, and
- •
Commission Delegated Assimilated Regulation (EU) 2018/1221 (the UK Solvency II Delegated Act Amendment Regulation)’ which makes a number of changes to Commission Delegated Assimilated Regulation (EU) 2015/35 (the UK Solvency II Delegated Act), to ensure alignment and consistency with the UK Securitisation Regulation and the UK CRR Amendment Regulation
The UK Securitisation Regulation and the UK CRR Amendment Regulation together create an integrated framework for securitisations in the UK covering:
- •
simple, transparent and standardised (STS) securitisations—for further information, see: STS securitisations below
- •
general
To view the latest version of this document and thousands of others like it,
sign-in with LexisNexis or register for a free trial.