The Financial Services Act 1986 was a landmark UK Act of Parliament aimed at regulating investment business through the Securities and Investment Board and Self-Regulating Organizations. It laid down comprehensive legislation for many of the recommendations of the Gower Report and was superseded by the Financial Services and Markets Act in 2000.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.