# The Regulated Covered Bonds Regulations 2008, Regulation 11: Refusal of applications for registration


An application under regulation 8 may be refused if, for any reason relating to—
(a) in the case of an application under regulation 8(a), the applicant; or
(b) in the case of an application under regulation 8(b), the issuer, the owner of the relevant asset pool or the quality of that asset pool,
the Authority considers that granting it would be detrimental to the interests of investors in regulated covered bonds or to the maintenance of the good reputation of the regulated covered bond sector in the United Kingdom.

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Source: https://www.legislation.gov.uk/uksi/2008/346/regulation/11 (the official version)
Page: https://openlegislation.uk/regulated-covered-bonds-regulations-2008/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.