The UK Securitisation Framework came into force on 1 November 2024 and revoked the previous EU legislation that had been retained under UK law ("Previous UK SR"). The new regime represents a significant shift in the way that securitisation is regulated in the UK, by placing power to make and adjust rules in the hands of the regulators. This article provides a brief recap of the UK Securitisation Framework, application of the framework and considers some items of divergence and convergence between the EU and UK rules.
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