Ronan Mellon

Jun 5, 2024 | mondaq.com | Neil Hamilton |Dominic Griffiths |Ronan Mellon |David H. O’Connor

On 30 April 2024 the Financial Conduct Authority ("FCA") and the Prudential Regulation Authority ("PRA") published Policy Statements1 (the "Policy Statements") setting out their final rules relating to securitisation and feedback on responses to their earlier consultation papers2 (the "Consultation Papers").

Jul 28, 2023 | mondaq.com | Neil Hamilton |David H. O’Connor |Dominic Griffiths |Ronan Mellon

Other Author Serena Brent, trainee solicitor On 7 July 2023, the European Commission adopted and published the final draft Regulatory Technical Standards relating to Risk Retention (the "Final Draft RTS"). The European Parliament and Council will now review the Final Draft RTS and, if there are no objections, the final text is expected to be published in the Official Journal of the European Union and enter into force in Q4 2023 or Q1 2024.

Jul 27, 2023 | mondaq.com | Neil Hamilton |David H. O’Connor |Dominic Griffiths |Ronan Mellon

Other Author Serena Brent, trainee solicitor On 11 July 2023 HM Treasury published a near-final version of a draft statutory instrument - 'The Securitisation Regulations 2023' (the "SI") - and an associated Policy Note (the "Policy Note").1 The SI updates the illustrative draft statutory instrument published on 9 December 2022 as part of the Edinburgh reforms.2 Among other things, the SI and Policy Note indicate that a more "principle-based approach" will be adopted to the due diligence...