The Securitisation Regulation has now been in effect for over fifteen months. However, the market is still awaiting the finalisation and adoption of much of the delegated legislation which is required in order to interpret and ensure compliance with the Securitisation Regulation. In this Legal Update, we consider the current status of the various pieces of secondary legislation, guidelines and other measures relating to the Securitisation Regulation. We also include a table in the Appendix showing the current status of delegated legislation to be brought in under the Securitisation Regulation and the CRR Amending Regulation.
