{
  "url": "https://openlegislation.uk/draft-securitisation-amendment-eu-exit-regulations-2019/regulation-25",
  "json_url": "https://openlegislation.uk/draft-securitisation-amendment-eu-exit-regulations-2019/regulation-25.json",
  "legislation": "ukdsi/2019/9780111179024",
  "legislation_title": "The Securitisation (Amendment) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/draft-securitisation-amendment-eu-exit-regulations-2019",
  "path": "regulation/25",
  "kind": "regulation",
  "number": "25",
  "heading": "Article 28 (third party verifying STS compliance)",
  "text": "In Article 28—\n(a) in paragraph (1)—\n(i) for “competent authority”, wherever it appears, substitute “FCA”;\n(ii) in point (b) omit “point (b) of”;\n(b) in paragraph (2) for “its competent authority”, in both places where it appears, substitute “the FCA”;\n(c) in paragraph (3) for “The competent authority” substitute “The FCA”; and\n(d) in paragraph 4—\n(i) in the first subparagraph for “ESMA shall develop draft regulatory” substitute “The FCA may make”, and for “the competent authorities” substitute “it”;\n(ii) omit the second and third subparagraphs.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2019/9780111179024/regulation/25",
    "retrieved_at": "2026-10-30T15:01:34.865446+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}