Schedule 2: Transitional amendments Part 3 – Amendments to the EU Securitisation Regulation 2017 Paragraphs 31 and 32: Amendments to the UK Securitisation Regulation
Paragraph 31 sets out that the UK Securitisation Regulation will be amended by this Schedule.
	Paragraph 32 amends definitions in Article 2 of the UK Securitisation Regulation to add a definition of ‘STS equivalent non-UK securitisation’. It also revokes the definition of ‘third country’, because this term is being replaced with references to ‘country or territory outside of the United Kingdom’ throughout the Regulation.