Paragraph 6

(1)

Section 204A^f1 (meaning of “relevant requirement” and “appropriate regulator” for purposes of Part 14) is amended as follows.

(2)

In subsection (2), after paragraph (aa) insert—

“(ab)

by or under the Securitisation Regulations 2023,”.

(3)

In subsection (3), after paragraph (f) insert—

“(g)

a requirement imposed by regulation 38 of the Securitisation Regulations 2023 on a PRA-authorised person in a case where the temporary prohibition imposed under regulation 37(1) or (2) of those Regulations was imposed by the PRA.”.

(4)

In subsection (6), after paragraph (aa) insert—

“(ab)

by or under the Securitisation Regulations 2023;”.

Annotations

Footnotes

f1: Section 204A was inserted by paragraph 10 of Schedule 9 to the Financial Services Act 2012. Subsection (6)(aa) was inserted by section 11(10) of the Civil Liability Act 2018 (c. 29).