Firms will need to update their internal procedures and ensure they are ready to comply with the new requirements ahead of 1 November 2024.
HM Treasury (HMT), the Financial Conduct Authority (FCA), and the Prudential...more
The start of 2024 heralds the rollout of a new suite of rules for securitisation in the UK, which once adopted, will replace the existing on-shored UK Securitisation Regulation (the “UKSR”).
Originally published in...more
2/14/2024
/ AIFM ,
Amended Regulation ,
Buy-Side Trading ,
Due Diligence ,
EU ,
Financial Conduct Authority (FCA) ,
Institutional Investors ,
Internal Controls ,
Market Participants ,
New Regulations ,
Onshoring ,
Policies and Procedures ,
Prudential Regulation Authority (PRA) ,
Regulation Technical Standards (RTS) ,
Regulatory Standards ,
Securitization ,
UK
Originators, sponsors, and issuers should prepare now for the new securitisation disclosure and reporting rules.
Key Points:
..Disclosure and reporting standards under the EU Securitisation Regulation are finalised but...more