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.