Regulation 50 Article 270 (senior positions in SME securitisations)
In Article 270—
(a)
in point (a) for “Article” substitute “Articles 18 and”;
(b)
after point (a) insert—
“(aa)the originator, sponsor and SSPE must be established in the United Kingdom;”; and
(c)
in point (e)(i) for “a Member State” substitute “the United Kingdom”.