1. This Regulation applies to:

(a) a counterparty to an SFT that is established:

(i) in the United Kingdom, including all its branches irrespective of where they are located;

(ii) in a third country, if the SFT is concluded in the course of the operations of a branch in the United Kingdom of that counterparty;

(b) management companies, managers and operators of UCITS and UCITS investment companies;

(c) managers of alternative investment funds (AIFMs) authorised or registered in accordance with the Alternative Investment Fund Managers Regulations 2013 [S.I. 2013/1773.];

(d) a counterparty engaging in reuse that is established:

(i) in the United Kingdom, including all its branches irrespective of where they are located;

(ii) in a third country, where either:

- the reuse is effected in the course of the operations of a branch in the United Kingdom of that counterparty, or