{
  "url": "https://openlegislation.uk/securitisation-amendment-regulations-2024/schedule-2/paragraph-25",
  "json_url": "https://openlegislation.uk/securitisation-amendment-regulations-2024/schedule-2/paragraph-25.json",
  "legislation": "uksi/2024/705",
  "legislation_title": "The Securitisation (Amendment) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/securitisation-amendment-regulations-2024",
  "path": "schedule/2/paragraph/25",
  "kind": "paragraph",
  "number": "25",
  "heading": "Capital Requirements Regulation",
  "text": "In Article 270a (additional risk weight)—\n(a) in paragraph 1—\n(i) for “Chapter 2 of Regulation (EU) 2017/2402” substitute “PRA securitisation rules”;\n(ii) for “in Article 6(5) of Regulation (EU) 2017/2402” substitute “in PRA securitisation rules from risk retention requirements imposed by those rules”;\n(iii) for the words from “a securitisation” to the end substitute “the securitisation if that exemption did not apply.”;\n(b) after paragraph 1 insert—\n“1A In paragraph 1, “PRA securitisation rules” means rules made by the PRA under section 137G of FSMA which relate to securitisation.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/705/schedule/2/paragraph/25",
    "retrieved_at": "2026-10-28T21:28:48.939172+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}