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The Securitisation (Amendment) Regulations 2024

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Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Securitisation (Amendment) Regulations 2024 No. 705

This Statutory Instrument includes an amendment made in consequence of a defect in S.I. 2024/102 and is being issued free of charge to all known recipients of that Statutory Instrument.

Draft Regulations laid before Parliament under section 429(9) of the Financial Services and Markets Act 2000 and sections 4(9) and 84(5) of the Financial Services and Markets Act 2023 (c. 29), for approval by resolution of each House of Parliament.

Draft Statutory Instruments

2024 No. ****

FINANCIAL SERVICES AND MARKETS

The Securitisation (Amendment) Regulations 2024

Made

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

The Treasury make these Regulations in exercise of the powers conferred by sections 71R and 428(3) of the Financial Services and Markets Act 2000(1) and sections 4, 83(1) and (2), 84(2) and 86(5) and (6) of the Financial Services and Markets Act 2023(2).

In accordance with section 429(9) of the Financial Services and Markets Act 2000 and sections 4(9) and 84(5) of the Financial Services and Markets Act 2023 a draft of these Regulations has been laid before, and approved by a resolution of, each House of Parliament. 

(1)

2000 c. 8. Section 71R was inserted by section 8(2) of the Financial Services and Markets Act 2023 (c. 29); section 428(3) was amended by section 66(3) of that Act.

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