# 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—
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 regulation 8A (restriction on establishment of an SSPE),
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.

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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/enacted
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.