sponsor

(1) (in UKLR and PRM) a person approved, under section 88 of the Act by the FCA, as a sponsor.
(1A) [deleted]
(2) in in MIPRU 4 and in relation to a securitisation within the meaning of paragraph (2) of the definition of securitisation, an undertaking other than an originator that establishes and manages an asset backed commercial paper programme or other securitisation scheme that purchases exposures from third party entities.
[Note: article 4(42) of the Banking Consolidation Directive (Definitions)]
(3) [deleted]
(4) (in SECN) has the meaning in regulation 3(1) of the Securitisation Regulations 2024.