On 20 May 2026, the Securitisation (Overseas STS Equivalence) (European Union, Iceland, Liechtenstein and Norway) Regulations 2026 were made.
These Regulations come into force at 11:00pm on 30 June 2026 and amend the UK securitisation framework to remove the time limit on the temporary recognition of certain simple, transparent and standardised (STS) securitisations originating in the European Economic Area (EEA) States (i.e. EU Member States and the three EEA EFTA States: Iceland, Liechtenstein and Norway) as eligible for STS preferential prudential treatment in the UK. The Regulations do not extend recognition to synthetic STS securitisations, as the UK framework does not provide for a synthetic STS regime.