Lloyds pre-2019 deals set to satisfy STS criteria

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By Tom Brown
15 Aug 2019

Lloyds announced today that it has submitted notifications to certify legacy deals from Penarth Master Issuer as compliant with the ‘simple, transparent and standardised’ (STS) regime.

The application has been submitted to the European Securities and Markets Authority (ESMA) and the Financial Conduct Authority (FCA), following an intent to notify submitted by Lloyds on July 3.

Class ‘A’ notes set to clear the STS hurdle include those from Penarth Master issues ...

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