Paragraph 39 Minor and consequential amendmentsI1I2
United Kingdom
In Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II), in Article 1 (definitions), in point 18b (meaning of “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 within the meaning of Article 2(A9) of Regulation (EU) 2017/2402;”.
Annotations
Commencement
- I1
Sch. 2 para. 39 not in force at Royal Assent, see s. 86(3)
- I2
Sch. 2 para. 39 in force at 29.8.2023 by S.I. 2023/779, reg. 4(zz)(iii)