Interpretation
This section has no associated Explanatory Memorandum
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—
(a)
Article 4 or 15 of the SFT regulation(1); or
(b)
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.
(1)
“SFT regulation” is defined in section 417 of the Act, as amended by paragraph 1(5) of Schedule 1 to these Regulations.