Paragraph 38 Minor and consequential amendmentsI1I2
United Kingdom
In Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012, in Article 242 (definitions), in point (10) (meaning of “simple, transparent and standardised securitisation” or “STS securitisation”)—
(a)
the words from “a securitisation” to the end become paragraph (a);
(b)
at the end of that paragraph, insert
“; or
(b)an STS equivalent non-UK securitisation as defined in point (A9) of Article 2 of Regulation (EU) 2017/2402;”.
Annotations
Commencement
- I1
Sch. 2 para. 38 not in force at Royal Assent, see s. 86(3)
- I2
Sch. 2 para. 38 in force at 29.8.2023 by S.I. 2023/779, reg. 4(zz)(iii)