Recovering the costs of regulating credit rating agencies, trade repositories and securitisation repositories after the UK leaves the European Union
Regulatory Updates | 29/03/19
The FCA has published PS19/10 which provides feedback on the responses we received to consultation and sets out the fees structure we will put in place for credit rating agencies, trade repositories and securitisation repositories (SRs) when responsibility for their regulation passes to us from the European Securities and Markets Authority after the UK leaves the EU. SRs are established under the Securitisation Regulation which came into force on 1 January 2019 and none have yet been formed.