Kevin Cummings
Kevin Cummings is the partner-in-charge of the Firm’s UK Tax Practice.
Kevin is a senior, solutions-driven tax practitioner, having served as a tax partner from within both the legal sector and the Big Four – a hybrid background that enables Kevin to draw upon the strengths of both professions in delivering client advice.
New UK Securitisation Framework | Regulators Publish Final Rules
By Ranajoy Basu, Priya Taneja, Vlad Maly, Kevin Cummings, Siddhartha Sivaramakrishnan, Fausto Giacomet, Michal Chajdukowski and Laura-May Jones on May 17, 2024
Posted In United Kingdom
On 30 April 2024, the FCA and the PRA published their respective policy statements (PS24/4 [1] by the FCA and PS7/24[2] by the PRA) in response to feedback received on their proposed draft rules on securitisations, which were presented in 2023 (CP23/17[3] and CP15/23[4]). The new UK securitisation framework seeks to repeal and replace retained EU law in the...
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