On a Wikipedia page:
'Accreditation
Institutions that have degree-awarding powers in the UK are known as "recognised bodies". There are also "listed bodies" which do not have degree awarding powers but provide complete courses leading to recognized UK degrees, validated by institutions which have degree-awarding powers. The Department for Innovation, Universities and Skills has this University as a "listed body". The degrees granted at this University are validated by the Open University Validation Services.'