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Key definition
Securities definition

What does Securities mean? In legal practice, securities are tradable instruments that evidence ownership or debt, typically shares, bonds/debentures, and related instruments (for example, warrants), used in corporate finance and capital markets transactions. The term is used across multiple legal contexts and is often defined by statute. In the UK, under the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (RAO), “securities” denotes a grouping of specified investments (for example, shares, debentures, government and public securities, warrants and certificates representing certain securities), distinct from “contractually based investments” and “other investments.” Separately, UK regulation and EU-derived frameworks use “transferable securities” (a MiFID/Prospectus...

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Archived UK securitisation legislative materials guide for transactional lawyers: assimilated EU law, onshoring SIs, FCA/PRA rules and 2024 reforms (to 1 November 2024)

Practice notes
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ARCHIVED:

This page is no longer maintained. It summarises UK legislative materials applicable to transactional securitisation work before 1 November 2024, spanning the UK Securitisation Regulation and its level 2 measures, relevant statutory instruments (SIs) and EU Exit Instruments, alongside related proposals and consultations.

Assimilated EU legislation

1 Assimilated Regulation (EU) 2017/2402 ( UK Securitisation Regulation )

  • The Lexis®Library version available via the link referenced in the preceding column consolidates the amendments introduced by the Securitisation (Amendment) (EU Exit) Regulations 2019, SI 2019/660, and the Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020, SI 2020/1385.
  • For a description of the onshoring of the EU Securitisation Regulation and associated level 2 measures under the European Union (Withdrawal) Act 2018 (EU(W)A 2018), and the changes made by SIs, see Practice Note: Impact of Brexit: Securitisation Regulation-quick guide [Archived].
  • For detail on the UK Securitisation Regulation, see Practice Note: The UK securitisation regime.
  • For guidance on the UK regulatory capital treatment of securitisation positions under CRR, see Practice Note: UK regulatory capital treatment of securitisations under CRR...
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Web page updated on 28/05/2026

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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