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ARTICLE · 09 AUGUST 2024

The United Kingdom's New Securitisation Rules: A Practical Overview And Comparison

Hogan Lovells Cadwalader
Hogan Lovells Cadwalader
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Hogan Lovells Cadwalader

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Cadwalader's article in The Global Regulatory Developments Journal outlines the UK's new Securitisation Sourcebook, effective November 1, 2024, detailing its legislative framework, comparison to EU regulations, and key components following the repeal of current standards.

United KingdomFinance and Banking
Suzanne Bell
Suzanne Bell
Robert Cannon
Robert Cannon
Alexander Collins
Alexander Collins
J. Robert Duncan
J. Robert Duncan
Matthew Duncan
Matthew Duncan
Sabah Nawaz
Sabah Nawaz
Alix Prentice
Alix Prentice
Claire Puddicombe
Claire Puddicombe
David Quirolo
David Quirolo
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Cadwalader's London Capital Markets and Financial Regulation teams contributed an article, "The United Kingdom's New Securitisation Rules: A Practical Overview and Comparison," which appeared in the September-October 2024 edition of The Global Regulatory Developments Journal.

The article, which originally appeared as a Cadwalader Clients & Friends Memo, explores the Financial Conduct Authority's policy statement regarding its final Securitisation Sourcebook which, subject to the repeal of the Securitisation Regulation and related technical standards currently in force in the UK, has an implementation date of November 1, 2024. The authors provide a background on the new legislative architecture, review its scope and relationship to the EU rules, and discuss each of the sourcebook's components.

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