The UK Government announced a package of proposed reforms to financial services regulation on 9 December 2022. The "Edinburgh Reforms" are intended to drive growth and competitiveness in the UK financial services sector. In this briefing we consider the specifics of the changes proposed to the securitisation regulatory framework.
The Edinburgh Reforms announced last week cover 43 core files, of which securitisation is just one. Reforming the regulation of securitisation in the UK falls into the first tranche for implementation, along with prospectuses and payments.