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Statutory Instruments

2026 No. 550

FINANCIAL SERVICES AND MARKETS

The Securitisation (Overseas STS Equivalence) (European Union, Iceland, Liechtenstein and Norway) Regulations 2026

Made

20th May 2026

Laid before Parliament

21st May 2026

Coming into force

at 11.00 p.m. on 30th June 2026

The Treasury make these Regulations in exercise of the powers conferred by regulation 13(1) of the Securitisation Regulations 2024(1).

Having had regard to the matters mentioned in regulation 13(3) of those Regulations, the Treasury are satisfied that the law and practice applicable across the European Union, Iceland, Liechtenstein and Norway, in relation to the securitisations specified in regulation 2(2), has equivalent effect (taken as a whole) to applicable UK law.

The Treasury have also had regard to whether the Financial Conduct Authority and the Prudential Regulation Authority have established effective cooperation arrangements with relevant competent authorities in relation to the European Union, Iceland, Liechtenstein and Norway.

Citation, commencement and extent

1.—(1) These Regulations may be cited as the Securitisation (Overseas STS Equivalence) (European Union, Iceland, Liechtenstein and Norway) Regulations 2026.

(2) These Regulations come into force at 11.00 p.m. on 30th June 2026.

(3) These Regulations extend to England and Wales, Scotland and Northern Ireland.

Designation of overseas STS securitisations

2.—(1) For the purposes of regulation 13 of the Securitisation Regulations 2024, the Treasury designate the European Union, Iceland, Liechtenstein and Norway in relation to securitisations specified in paragraph (2).

(2) The securitisations specified in this paragraph are securitisations, other than synthetic securitisations, which are treated as simple, transparent and standardised under the law and practice applicable in the European Union, Iceland, Liechtenstein or Norway.

Gen Kitchen

Stephen Morgan

Two of the Lords Commissioners of His Majesty’s Treasury

20th May 2026

(1)

S.I. 2024/102, as amended by S.I 2024/705 and 2024/1202.

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Securitisation (Overseas STS Equivalence) (European Union, Iceland, Liechtenstein and Norway) Regulations 2026 (2026/550)
Version from: original only

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