UK Securitisation Framework Comes into Force

On 1 November 2024, the UK’s onshored version of the EU’s Securitisation Regulation was replaced by the UK’s new regulatory framework for securitisations. The framework consists of:

1. the Securitisation Regulations 2024 – available here;
2. the securitisation sourcebook of the FCA Handbook (SECN) – available here;
3. the securitisation part of the PRA Rulebook – available here; and
4. relevant provisions of the Financial Services and Markets Act 2000 – available here. 

For further information on the UK’s securitisation framework, please see our previous post on the subject, available here.