- Issued consultation paper Draft technical standards on the content and format of STS notifications under the onshored Securitization Regulation in case of no deal Brexit.
- Followed Securitization (Amendment) (EU Exit) Regulations 2019, which transfers responsibility for UK STS notifications, list of UK STS securitizations to FCA.
- Setting out proposed technical standards for the onshored securitization regulation.
- The proposals in this consultation paper specify the information that originators and sponsors are required to provide to comply with the STS notification requirement.
- Establishing templates for provision of required information in the technical standards.
- Proposed standards are consistent with ESMA draft technical standards.
- Comments to be received by 27 August 2019.