On 22 November 2024, the Securitisation (Amendment) (No. 2) Regulations 2024 came into force and were published on legislation.gov.uk, along with an explanatory memorandum.
The Regulations extend a temporary arrangement granting preferential prudential treatment for EU-origin simple, transparent and standardised (STS) securitisations. UK investors, where they are subject to prudential regulation, currently access lower capital requirements when investing in EU STS securitisations, and the Regulations extend the time by which such EU STS securitisations can enter the temporary arrangement, from its expiry date on 31 December 2024 to 30 June 2026.