OpenLegislation

The Securitisation (Amendment) (EU Exit) Regulations 2019 (revoked)

S.I. 2019/660 · Made 25 March 2019 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 29 August 2023.

Exiting The European Union

Financial Services

Made 25th March 2019

Coming into force in accordance with regulation 1(2) and (3)

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Annotations to the whole text

Textual amendments

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Regulations revoked (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/779, reg. 3(b), Sch.

Contents

  1. Part 1: General Repealed
  2. 1Citation and commencement Repealed
  3. 2Interpretation Repealed
  4. Part 2: Amendment of the Securitisation Regulation Repealed
  5. Chapter 1: Introductory provision Repealed
  6. 3Amendments Repealed
  7. Chapter 2: Amendment of Chapter 1 of the Securitisation Regulation (general provisions) Repealed
  8. 4Article 2 (definitions) Repealed
  9. 5Article 3 (selling of securitisations to retail clients) Repealed
  10. 6Article 4 (requirements for securitisation special purpose entities) Repealed
  11. Chapter 3: Amendment of Chapter 2 of the Securitisation Regulation (provisions applicable to all securitisations) Repealed
  12. 7Article 5 (due-diligence requirements for institutional investors) Repealed
  13. 8Article 6 (risk retention) Repealed
  14. 9Article 7 (transparency requirements for originators, sponsors and SSPEs) Repealed
  15. 10Article 8 (ban on resecuritisation) Repealed
  16. 11Article 9 (criteria for credit-granting) Repealed
  17. Chapter 4: Amendment of Chapter 3 of the Securitisation Regulation (conditions and procedures for registration of a securitisation repository) Repealed
  18. 12Article 10 (registration of a securitisation repository) Repealed
  19. 13Article 11 (notification and consultation with competent authorities prior to registration or extension of registration) Repealed
  20. 14Article 12 (examination of the application) Repealed
  21. 15Articles 13 to 15 (notification of ESMA decisions relating to registration or extension of registration, powers of ESMA and withdrawal of registration) Repealed
  22. 16Article 16 (supervisory fees) Repealed
  23. 17Article 17 (availability of data held in a securitisation repository) Repealed
  24. Chapter 5: Amendment of Chapter 4 of the Securitisation Regulation (simple, transparent and standardised securitisation) Repealed
  25. 18Article 18 (use of the designation ‘simple, transparent and standardised securitisation’) Repealed
  26. 19Article 19 (simple, transparent and standardised securitisation) Repealed
  27. 20Article 20 (requirements relating to simplicity) Repealed
  28. 21Article 23 (simple, transparent and standardised ABCP securitisation) Repealed
  29. 22Article 24 (transaction-level requirements) Repealed
  30. 23Article 25 (sponsor of an ABCP programme) Repealed
  31. 24Article 27 (STS notification requirements) Repealed
  32. 25Article 28 (third party verifying STS compliance) Repealed
  33. Chapter 6: Amendment of Chapter 5 of the Securitisation Regulation (supervision) Repealed
  34. 26Article 29 (designation of competent authorities) Repealed
  35. 27Article 30 (powers of the competent authorities) Repealed
  36. 28Articles 31 to 37 Repealed
  37. Chapter 7: Amendment of Chapter 6 of the Securitisation Regulation (amendments) Repealed
  38. 29Articles 38, 39 and 41 Repealed
  39. 30Article 43 (transitional provisions) Repealed
  40. 31Articles 44 and 45 Repealed
  41. 32Article 46 (review) Repealed
  42. 33Article 47 (exercise of the delegation) Repealed
  43. 34Final provision Repealed
  44. Part 3: Amendment of the CRA Regulation Repealed
  45. 35Article 3 (definitions) Repealed
  46. Part 4: Amendment of the EMIR Regulation Repealed
  47. 36Article 2 (definitions) Repealed
  48. 37Article 4 (clearing obligation) Repealed
  49. 38Article 11 (risk-mitigation techniques for OTC derivative contracts not cleared by a CCP) Repealed
  50. Part 5: Amendment of the Capital Requirements Regulation Repealed
  51. Chapter 1: Introductory provision Repealed
  52. 39Amendments Repealed
  53. Chapter 2: Amendment of Chapter 5 of Title 2 of Part 3 of the Capital Requirements Regulation Repealed
  54. 40Chapter 5 (securitisation) Repealed
  55. 41References to the competent authorities Repealed
  56. 42Article 242 (definitions for Chapter 5) Repealed
  57. 43Article 244 Repealed
  58. 44Article 245 Repealed
  59. 45Article 248 Repealed
  60. 46Article 250 (implicit support) Repealed
  61. 47Article 254 Repealed
  62. 48Article 255 (determination of KIRB and KSA) Repealed
  63. 49Article 257 (determination of tranche maturity (MT)) Repealed
  64. 50Article 270 (senior positions in SME securitisations) Repealed
  65. 51Article 270a Repealed
  66. 52Article 270e (securitisation mapping) Repealed
  67. Chapter 3: Amendment of other Articles of the Capital Requirements Regulation Repealed
  68. 53Article 337 (own funds requirement for securitisation instruments) Repealed
  69. 54Article 519a (reporting and review) Repealed
  70. Part 6: Amendment of the Liquidity Commission Delegated Regulation Repealed
  71. 55Article 13 of the Liquidity Commission Delegated Regulation (level 2B securitisations) Repealed
  72. Part 7: Amendment of the CRR amending regulation Repealed
  73. 56Regulation 56 Repealed
  74. Part 8: Amendment of subordinate legislation Repealed
  75. 57The Financial Services and Markets Act (Regulated Activities) Order 2001 Repealed
  76. 58Amendment of the Securitisation Regulations 2018 Repealed
  77. Signature
  78. Explanatory note

1Citation and commencementF1

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2InterpretationF1

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3AmendmentsF1

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4Article 2 (definitions)F1

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5Article 3 (selling of securitisations to retail clients)F1

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6Article 4 (requirements for securitisation special purpose entities)F1

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7Article 5 (due-diligence requirements for institutional investors)F1

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8Article 6 (risk retention)F1

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9Article 7 (transparency requirements for originators, sponsors and SSPEs)F1

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10Article 8 (ban on resecuritisation)F1

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11Article 9 (criteria for credit-granting)F1

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12Article 10 (registration of a securitisation repository)F1

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13Article 11 (notification and consultation with competent authorities prior to registration or extension of registration)F1

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14Article 12 (examination of the application)F1

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15Articles 13 to 15 (notification of ESMA decisions relating to registration or extension of registration, powers of ESMA and withdrawal of registration)F1

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16Article 16 (supervisory fees)F1

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17Article 17 (availability of data held in a securitisation repository)F1

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18Article 18 (use of the designation ‘simple, transparent and standardised securitisation’)F1

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19Article 19 (simple, transparent and standardised securitisation)F1

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20Article 20 (requirements relating to simplicity)F1

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21Article 23 (simple, transparent and standardised ABCP securitisation)F1

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22Article 24 (transaction-level requirements)F1

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23Article 25 (sponsor of an ABCP programme)F1

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24Article 27 (STS notification requirements)F1

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25Article 28 (third party verifying STS compliance)F1

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26Article 29 (designation of competent authorities)F1

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27Article 30 (powers of the competent authorities)F1

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28Articles 31 to 37F1

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29Articles 38, 39 and 41F1

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30Article 43 (transitional provisions)F1

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31Articles 44 and 45F1

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32Article 46 (review)F1

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33Article 47 (exercise of the delegation)F1

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34Final provisionF1

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35Article 3 (definitions)F1

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36Article 2 (definitions)F1

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37Article 4 (clearing obligation)F1

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38Article 11 (risk-mitigation techniques for OTC derivative contracts not cleared by a CCP)F1

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39AmendmentsF1

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40Chapter 5 (securitisation)F1

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41References to the competent authoritiesF1

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42Article 242 (definitions for Chapter 5)F1

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43Article 244F1

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44Article 245F1

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45Article 248F1

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46Article 250 (implicit support)F1

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47Article 254F1

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48Article 255 (determination of KIRB and KSA)F1

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49Article 257 (determination of tranche maturity (MT))F1

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50Article 270 (senior positions in SME securitisations)F1

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51Article 270aF1

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52Article 270e (securitisation mapping)F1

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53Article 337 (own funds requirement for securitisation instruments)F1

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54Article 519a (reporting and review)F1

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55Article 13 of the Liquidity Commission Delegated Regulation (level 2B securitisations)F1

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56F1

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57The Financial Services and Markets Act (Regulated Activities) Order 2001F1

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58Amendment of the Securitisation Regulations 2018F1

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Signature

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Explanatory note

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