On 4 December 2018, the Securitisation Regulations 2018 were published on the legislation.gov.uk website, together with an explanatory memorandum.

The EU Securitisation Regulation applies in the UK from 1 January 2019. Although it is directly applicable, the Securitisation Regulations 2018 make certain legislative changes to ensure that processes are in place relating to the supervision of compliance with the new rules and that the FCA and the PRA as designated competent authorities have the necessary powers to fulfil their duties under the EU Securitisation Regulation from the date it applies.