Paragraph 36 Minor and consequential amendmentsI1I2

Article 5 (due-diligence requirements for institutional investors) is amended as follows.

In paragraph 1, for “third country”, in each place, substitute “country or territory outside the United Kingdom”.

In paragraph 3, after point (d) insert—

“(da)

with regard to an STS equivalent non-UK securitisation, such matters as may be specified in regulations under Article 28A (and may rely on such matters to such extent as may be specified).”