SECN 2.6 Information to be included in the STS notification by the originator or sponsor

1. (1)

   1The following information must be included in the STS notification:

   1. (a)

      if the securitisation is a non-ABCP securitisation, the information specified in SECN 2 Annex 1R;

   2. (b)

      if the securitisation is an ABCP transaction, the information specified in SECN 2 Annex 2R;

   3. (c)

      for an ABCP programme, the information specified in SECN 2 Annex 3R.

2. (2)

   For securitisations where section 85 of the Act (Contravention of prohibition relating to public offer of securities) and rules made by the FCA for the purposes of Part 6 of the Act (official listing) do not require a prospectus to be drawn up, the information to be included in the STS notification pursuant to (1) must be accompanied by the following:

   1. (a)

      where the securitisation is a non-ABCP securitisation, the information specified in fields STSS9 and STSS10 of SECN 2 Annex 1R;

   2. (b)

      where the securitisation is an ABCP transaction, the information specified in fields STSAT9 and STSAT10 of SECN 2 Annex 2R;

   3. (c)

      for an ABCP programme, the information specified in field STSAP9 of SECN 2 Annex 3R.

3. (3)

   For the purposes of regulation 10 of the Securitisation Regulations 2024, the publication of the STS notification for those securitisations is limited to the information referred to in SECN 2.6.1R.

1. (1)

   If the documents at SECN 2.6.2R(2) include information relevant to the STS notification, a reference to the relevant parts of those documents may be provided in the ‘Additional information’ column in SECN 2 Annex 1R, SECN 2 Annex 2R or SECN 2 Annex 3R.

2. (2)

   The documents referred to in SECN 2.6.2R(1) are:

   1. (a)

      an approved prospectus as contemplated by section 85 of the Act (Contravention of prohibition relating to public offer of securities) and drawn up pursuant to rules made by the FCA for the purposes of Part 6 of the Act (official listing);

   2. (b)

      any other underlying documentation referred to in SECN 6.2.1R(2);

   3. (c)

      any other document with information relevant to the STS notification.

3. (3)

   Where such information is provided, the documentation must be clearly identified.

1In the Annexes to this chapter, references to ‘pricing’ must be read to also include ‘original commitment to invest’.