The Securitisation Regulations 2024
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Change 1
SCHEDULE 2 Amendments to other legislation and consequential amendments
Regulation 51 Amendment to EMIR 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Amendment to the Capital Requirements Regulation 2 For Article 242(10)(b) (meaning of “simple, transparent and standardised securitisation” or “STS securitisation”) of the Capital Requirements Regulation substitute— (b) an overseas STS securitisation as defined in regulation 12(2) of the Securitisation Regulations 2024; . Amendment to the Solvency 2 Delegated Regulation 3 For Article 1(18b)(b) (meaning of “STS securitisation”) of Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) substitute— (b) an overseas STS securitisation as defined in regulation 12(2) of the Securitisation Regulations 2024; . Amendment to the Money Market Funds Regulation 4 For Article 11(1)(d) of Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (eligible securitisations and ABCPs) substitute— (d) an overseas STS securitisation as defined in regulation 12(2) of the Securitisation Regulations 2024. .
SCHEDULE 2 Amendments to other legislation and consequential amendments
Regulation 51 Amendment to EMIR 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Amendment to the Capital Requirements Regulation 2 For Article 242(10)(b) (meaning of “simple, transparent and standardised securitisation” or “STS securitisation”) of the Capital Requirements Regulation substitute— (b) an overseas STS securitisation as defined in regulation 12(2) of the Securitisation Regulations 2024; . Amendment to the Solvency 2 Delegated Regulation 3 For Article 1(18b)(b) (meaning of “STS securitisation”) of Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) substitute— (b) an overseas STS securitisation as defined in regulation 12(2) of the Securitisation Regulations 2024; . Amendment to the Money Market Funds Regulation 4 For Article 11(1)(d) of Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (eligible securitisations and ABCPs) substitute— (d) an overseas STS securitisation as defined in regulation 12(2) of the Securitisation Regulations 2024. .
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