These Regulations may be cited as the Financial Services and Markets Act 2000 (Transparency of Securities Financing Transactions and of Reuse) Regulations 2016.

These Regulations come into force on 13th July 2016.

In these Regulations—

• “the Act” means the Financial Services and Markets Act 2000;

• “Bank” means the Bank of England;

• F1“recognised CSD” has the meaning given in section 285(1) of the Act;

• “SFTR requirement” means a requirement imposed by—

  1. a

     Article 4 or 15 of the SFT regulation M1; or

  2. b

     any directly applicable regulation made under Article 4(9) or 4(10) of the SFT regulation.

Any expression used in these Regulations which is given a meaning in Article 3 F2... of the SFT regulation has the meaning which it is given in that Article.