Paragraph 3 Amendment to the Solvency 2 Delegated Regulation

For Article 1(18b)(b) (meaning of “STS securitisation”) of Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II)^f1 substitute—

“(b)

an overseas STS securitisation as defined in regulation 12(2) of the Securitisation Regulations 2023;”.