# The Securitisation Regulations 2023, Regulation 16: Examination of application


The FCA must, within the period of 40 working days beginning with the day on which the notification referred to in regulation 15(4) is made—
(a) examine the application for registration, or for an extension of registration, based on the compliance of the applicant with this Part,
(b) make a decision accepting or refusing registration or an extension of registration, and
(c) give reasons for its decision.

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Source: https://www.legislation.gov.uk/ukdsi/2023/9780348254242/regulation/16 (the official version)
Page: https://openlegislation.uk/draft-securitisation-regulations-2023/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.