# The Securitisation Regulations 2024, Regulation 35: Interpretation of Part 8

Extent: E+W+S+N.I.

In this Part—
“regulated person” means a person who is not an authorised person and is—
(a)an original lender,
(b)an originator,
(c)a person engaged in the activity specified in regulation 4(1)(b),
(d)a sponsor,
(e)an SSPE,
(f)a third party verifier, or
(g)a securitisation repository;
“a regulator” means the FCA or the PRA;
“relevant requirement” means a requirement imposed—
(a)by designated activity rules made by virtue of regulation 5,
(b)by a direction under section 71O of FSMA 2000 given by virtue of regulation 6,
(ba)by regulation 8A (restriction on establishment of an SSPE),
(d)by or under Part 4 (simple, transparent and standardised securitisations), Part 5 (securitisation repositories) or Part 6 (registration of third party verifying STS compliance),
(e)by regulation 38 in a case where the temporary prohibition was imposed by the FCA, or
(f)by the FCA under any other provision of these Regulations or under a provision of FSMA 2000 applied by these Regulations.

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Source: https://www.legislation.gov.uk/uksi/2024/102/regulation/35 (the official version)
Page: https://openlegislation.uk/securitisation-regulations-2024/regulation-35
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.