# The Securitisation Regulations 2024, Regulation 4: Activities specified as designated activities for purposes of FSMA 2000

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

(1) The following activities are specified under section 71K of FSMA 2000 as designated activities for the purposes of that Act, where those activities are carried out by a person that is established in the United Kingdom—
(a) acting as one of the following in a securitisation—
(i) an originator,
(ii) a sponsor,
(iii) an original lender, or
(iv) a securitisation special purpose entity;
(b) selling a securitisation position to a retail client located in the United Kingdom.
(2) In this regulation “retail client” has the meaning given in rules made by the FCA.

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Source: https://www.legislation.gov.uk/uksi/2024/102/regulation/4 (the official version)
Page: https://openlegislation.uk/securitisation-regulations-2024/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.