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In force since 2026-06-30, as the publisher states.
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Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.
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3 provisions
Title and introductory text
2026 No. 550
FINANCIAL SERVICES AND MARKETS
The Securitisation (Overseas STS Equivalence) (European Union, Iceland, Liechtenstein and Norway) Regulations 2026
Made
20th May 2026
Laid before Parliament
21st May 2026
Coming into force
at 11.00 p.m. on 30th June 2026
The Treasury make these Regulations in exercise of the powers conferred by regulation 13(1) of the Securitisation Regulations 2024.
Having had regard to the matters mentioned in regulation 13(3) of those Regulations, the Treasury are satisfied that the law and practice applicable across the European Union, Iceland, Liechtenstein and Norway, in relation to the securitisations specified in regulation 2(2), has equivalent effect (taken as a whole) to applicable UK law.
The Treasury have also had regard to whether the Financial Conduct Authority and the Prudential Regulation Authority have established effective cooperation arrangements with relevant competent authorities in relation to the European Union, Iceland, Liechtenstein and Norway.
Propose a change1 Citation, commencement and extent
(1) These Regulations may be cited as the Securitisation (Overseas STS Equivalence) (European Union, Iceland, Liechtenstein and Norway) Regulations 2026.
(2) These Regulations come into force at 11.00 p.m. on 30th June 2026.
(3) These Regulations extend to England and Wales, Scotland and Northern Ireland.
Propose a change2 Designation of overseas STS securitisations
(1) For the purposes of regulation 13 of the Securitisation Regulations 2024, the Treasury designate the European Union, Iceland, Liechtenstein and Norway in relation to securitisations specified in paragraph (2).
(2) The securitisations specified in this paragraph are securitisations, other than synthetic securitisations, which are treated as simple, transparent and standardised under the law and practice applicable in the European Union, Iceland, Liechtenstein or Norway.
Propose a change