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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

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sponsor

      1. (1) (in LR) a person approved, under section 88 of the Act by the FSA, as a sponsor.45
      1. (2) (in BIPRU), in accordance with Article 4(42) of the Banking Consolidation Directive (Definitions) 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.45