Regulatory AlertsCP19/1: Recovering the costs of regulating securitisation repositories after the UK leaves the European Union
The Financial Conduct Authority proposes a fee structure for regulating securitisation repositories following the transfer of responsibility from ESMA after Brexit. These proposals are integrated with the regulatory frameworks for credit rating agencies and trade repositories to ensure consistent cost recovery. The consultation applies to firms considering establishing securitisation repositories and aims to define the financial obligations for this new regulatory regime.
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