Regulation 2 Interpretation

In these Regulations—

• “the Act” means the Financial Services and Markets Act 2000^f1;

• “the CRA Regulation” means Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies;

• “credit rating agency” means a credit rating agency registered under Chapter 1 of Title 3 of the CRA Regulation;

• “credit rating activity” is to be construed in accordance with Article 3.1 of the CRA Regulation;

• “the FCA” means the Financial Conduct Authority.