# The Securitisation Regulations 2023, Paragraph 1: Amendment to EMIR


In Article 4 of EMIR (clearing obligation) in paragraph 5A(a)—
(a) the words from “a securitisation notified as STS” to the end become paragraph (i);
(b) at the end of that paragraph insert—
“; or
(ii) an overseas STS securitisation as defined in regulation 12(2) of the Securitisation Regulations 2023.”.

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Source: https://www.legislation.gov.uk/ukdsi/2023/9780348254242/schedule/2/paragraph/1 (the official version)
Page: https://openlegislation.uk/draft-securitisation-regulations-2023/schedule-2/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.