Propose a change

The Securitisation Regulations 2024

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

8 Matter to which FCA and PRA must have regard when making rules relating to securitisation

(1) The coherence of the overall framework for the regulation of securitisation is specified for the purposes of section 138EA of FSMA 2000 (matters to consider when making rules). (2) The specification under paragraph (1) applies to the following— (a) the power of the FCA to make designated activity rules by virtue of regulation 5, (b) the power of the FCA to make rules under any provision of these Regulations, (c) the power of the FCA to make rules under section 137A of FSMA 2000 relating to securitisation, and (d) the power of the PRA to make rules under section 137G of FSMA 2000 relating to securitisation.

Your change, as a redline

8 Matter to which FCA and PRA must have regard when making rules relating to securitisation

(1) The coherence of the overall framework for the regulation of securitisation is specified for the purposes of section 138EA of FSMA 2000 (matters to consider when making rules). (2) The specification under paragraph (1) applies to the following— (a) the power of the FCA to make designated activity rules by virtue of regulation 5, (b) the power of the FCA to make rules under any provision of these Regulations, (c) the power of the FCA to make rules under section 137A of FSMA 2000 relating to securitisation, and (d) the power of the PRA to make rules under section 137G of FSMA 2000 relating to securitisation.

One line that says what changes, such as "Halve the dog tax".

Who it helps, what it costs, what it fixes. It is what persuades people to support it.

How this law is officially changed

Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.

A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.

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Think it through

Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.

Questions to start with
Think it through
Legal information from the published text, not advice for your case. Check the sources. Find a law · What the register holds