{
  "url": "https://openlegislation.uk/securitisation-regulations-2024/regulation-8A",
  "json_url": "https://openlegislation.uk/securitisation-regulations-2024/regulation-8A.json",
  "legislation": "uksi/2024/102",
  "legislation_title": "The Securitisation Regulations 2024",
  "legislation_url": "https://openlegislation.uk/securitisation-regulations-2024",
  "path": "regulation/8A",
  "kind": "regulation",
  "number": "8A",
  "heading": "Restriction on establishment of a securitisation special purpose entity",
  "text": "(1) The originator and sponsor in relation to a securitisation must ensure that the securitisation is not carried out by means of a securitisation special purpose entity that is established in a country or territory outside the United Kingdom that is for the time being listed by the Financial Action Task Force as a high-risk jurisdiction subject to—\n(a) a call on members to apply proportionate enhanced due diligence measures, or\n(b) a call on members and other jurisdictions to apply countermeasures.\n(2) An institutional investor must not invest in a securitisation carried out by means of a securitisation special purpose entity that is established in a country or territory outside the United Kingdom to which paragraph (1) applies.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 3A inserted (1.11.2024) by The Securitisation (Amendment) Regulations 2024 (S.I. 2024/705), regs. 1(3), 2(5)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/102/regulation/8A",
    "retrieved_at": "2026-10-28T21:35:26.902265+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."
}