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The UK's Proposed "New" Regime for Securitisations: Some Welcome Changes but Also an Extension of the Regime's Scope

The UK’s coming legal regime governing securitisations makes noteworthy amendments. Most have been welcomed, especially to improve deal flows, while some, such as the FCA’s expanded “public securitisation” definition, have not. How will the changes impact the securitisation framework, and what will the knock-on effects be on transactions? ....

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