
2018 No. 1288
Financial Services And Markets
The Securitisation Regulations 2018 (revoked)
Made 3rd December 2018
Laid before Parliament 4th December 2018
Coming into force 1st January 2019
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PART 1 Introductory provisions
Citation and commencement
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Interpretation
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References to technical standards
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Designation of competent authorities
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PART 2 Disciplinary measures and procedures
Temporary prohibition relating to management functions
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Temporary prohibition relating to management functions: obligations on originator, sponsor or SSPE
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Public censure
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Financial penalties
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Statements of policy
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Statements of policy: procedure
10 
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Restriction on penalties
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PART 3
CHAPTER 1
Third party verifiers
Application for authorisation to provide a third party verification service
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Determination of an application for authorisation to provide a third party verification service
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Temporary withdrawal of authorisation to provide a third party verification service
14 
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Temporary withdrawal of authorisation to provide a third party verification service: procedure
15 
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Cancellation of authorisation to provide a third party verification service on the initiative of the FCA
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Cancellation of authorisation to provide a third party verification service at request of third party verifier
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Register of third party verifiers
18 
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CHAPTER 2
Warning notices and decision notices
Warning notice
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Decision notice
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CHAPTER 3
Temporary ban on STS notifications
Imposition of a temporary ban
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Procedure for the imposition, variation or revocation of a temporary ban on STS notifications
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CHAPTER 4
Right to refer to the Tribunal
Right to refer a matter to the Tribunal
23 
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PART 4 Miscellaneous provisions
Consultation in relation to taking certain enforcement action
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Transparency requirements for originators, sponsors and SSPEs of private securitisations – power of direction
25 
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Informing the FCA of STS notifications – power of direction
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Application of the Act and secondary legislation
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Minor and consequential amendments
28 
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Review
29 
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SCHEDULE 1
Application and modification of the Act and secondary legislation

Regulation 27
Disciplinary powers
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The Tribunal
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Information gathering and investigations
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Disciplinary powers under Part 14
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Restrictions on disclosure of information
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Injunctions and restitution
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Notices
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Offences
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Limitation on powers to require documents
9 
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Consultation in relation to taking certain enforcement action
10 
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Penalties and fees
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12 
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Exemption from liability in damages
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14 
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The Financial Services and Markets Act 2000 (Service of Notices) Regulations 2001
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The Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013
16 
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SCHEDULE 2
Minor and consequential amendments to primary and secondary legislation

Regulation 28
The Act
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The Financial Services and Markets Act (Regulated Activities) Order 2001
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The Payment to Treasury of Penalties (Enforcement Costs) Order 2013
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The Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013
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The Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) Order 2014
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The Public Interest Disclosure (Prescribed Persons) Order 2014
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