Paragraph 5
Where immediately before the main commencement day a securitisation repository is subject to a requirement imposed under regulation 64A of the Over the Counter Derivatives, Central Counterparties and Trade Depositories (Amendment, etc, and Transitional Provision) Regulations 2019f1 as applied by Article 15 of the EU Securitisation Regulation 2017f2, the requirement is to be taken on or after that day to have been imposed under regulation 23 of these Regulations.
Annotations
Footnotes
- f1
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S.I. 2019/335; regulation 64A was inserted by S.I. 2020/1385.
- f2
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Article 15 was amended by S.I. 2019/660.