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2.—(1) In these Regulations—
“the Act” means the Financial Services and Markets Act 2000;
“Bank” means the Bank of England;
“SFTR requirement” means a requirement imposed by—
Article 4 or 15 of the SFT regulation(1); or
any directly applicable regulation made under Article 4(9) or 4(10) of the SFT regulation.
(2) Any expression used in these Regulations which is given a meaning in Article 3 or 16 of the SFT regulation has the meaning which it is given in that Article.
“SFT regulation” is defined in section 417 of the Act, as amended by paragraph 1(5) of Schedule 1 to these Regulations.
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