Paragraph 2 Amendment to the Capital Requirements RegulationI1
United Kingdom
For Article 242(10)(b) (meaning of “simple, transparent and standardised securitisation” or “STS securitisation”) of the Capital Requirements Regulationf1 substitute—
“(b)an overseas STS securitisation as defined in regulation 12(2) of the Securitisation Regulations 2024;”.
Annotations
Commencement
- I1
Sch. 2 para. 2 in force at 30.1.2024 for specified purposes and 1.11.2024 (the main commencement day) in so far as not already in force, see reg. 2(1)(e)(2)
Footnotes
- f1
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EUR 2013/575. Article 242(10) is prospectively amended by paragraph 38 of Part 3 of Schedule 2 to the Financial Services and Markets Act 2023.