Securitisation repository registration arrangements under the UK Securitisation Regulation
Published 30 July 2020
The Treasury seeks to ensure that the Financial Conduct Authority (FCA) has the relevant powers to enable a well-functioning securitisation regime following the end of the Transition Period.
Prospective securitisation repositories and relevant market participants should note that the Treasury will soon bring forward legislation which will assist the FCA when considering draft applications for registration from prospective securitisation repositories prior to the end of the Transition Period, in relation to its functions under the UK Securitisation Regulation.
This statement should be read in conjunction with the FCA’s statement on securitisation repositories published here.