The Securitisation Regulations 2024
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Change 1
35 Interpretation of Part 8
In this Part— “regulated person” means a person who is not an authorised person and is— an original lender, an originator, a person engaged in the activity specified in regulation 4(1)(b), a sponsor, an SSPE, a third party verifier, or a securitisation repository; “a regulator” means the FCA or the PRA; “relevant requirement” means a requirement imposed— by designated activity rules made by virtue of regulation 5, by a direction under section 71O of FSMA 2000 given by virtue of regulation 6, by regulation 8A (restriction on establishment of an SSPE), by or under Part 4 (simple, transparent and standardised securitisations), Part 5 (securitisation repositories) or Part 6 (registration of third party verifying STS compliance), by regulation 38 in a case where the temporary prohibition was imposed by the FCA, or by the FCA under any other provision of these Regulations or under a provision of FSMA 2000 applied by these Regulations.
35 Interpretation of Part 8
In this Part— “regulated person” means a person who is not an authorised person and is— an original lender, an originator, a person engaged in the activity specified in regulation 4(1)(b), a sponsor, an SSPE, a third party verifier, or a securitisation repository; “a regulator” means the FCA or the PRA; “relevant requirement” means a requirement imposed— by designated activity rules made by virtue of regulation 5, by a direction under section 71O of FSMA 2000 given by virtue of regulation 6, by regulation 8A (restriction on establishment of an SSPE), by or under Part 4 (simple, transparent and standardised securitisations), Part 5 (securitisation repositories) or Part 6 (registration of third party verifying STS compliance), by regulation 38 in a case where the temporary prohibition was imposed by the FCA, or by the FCA under any other provision of these Regulations or under a provision of FSMA 2000 applied by these Regulations.
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