# The Securitisation (Amendment) Regulations 2024, Paragraph 24: Capital Requirements Regulation


In Article 270 (senior positions in SME securitisations)—
(a) in point (a), for the words from “Chapter 4” to the end substitute “rules made by the FCA by virtue of regulation 5 of the Securitisation Regulations 2024 which make provision corresponding to that previously made by Articles 19, 20(7) to (14) and 21 to 28 of Regulation (EU) 2017/2402, as it had effect immediately before its revocation by the Financial Services and Markets Act 2023”;
(b) in point (e), in paragraph (ii), for “point (12) of Article 2 of Regulation (EU) 2017/2402” substitute “regulation 3(1) of the Securitisation Regulations 2024”;

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Source: https://www.legislation.gov.uk/uksi/2024/705/schedule/2/paragraph/24 (the official version)
Page: https://openlegislation.uk/securitisation-amendment-regulations-2024/schedule-2/paragraph-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.