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On 7 June 2019, Regulation (EU) 2019/876 (“CRR II”) was published in the Official Journal of the EU. CRD II amends the Capital Requirements Regulation in a number of respects. For securitisation market participants, a key change is an amendment to Article 14 of CRR and its effect on the application of key obligations in the Securitisation Regulation to members of a consolidated banking group.