Correspondence

EU Securitisation Regulation: Letter from Economic Secretary of the Treasury to Andrew Bailey

A letter from HM Treasury to the FCA on the designation of responsibilities regarding third party verifiers under the EU Securitisation Regulation.

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The Economic Secretary of the Treasury has written to the Chief Executive of the Financial Conduct Authority (FCA), Andrew Bailey, confirming HM Treasury’s intention to designate the FCA as the competent authority for the authorisation and supervision of third party verifiers (TPVs) under the EU Securitisation Regulation which will come into effect on 1 January 2019.

Published 26 July 2018