- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
35. 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 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.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: