Securities and Investment Board

= SIB
A regulatory body set up by the Financial Services Act 1986 to oversee London's financial markets. Each market (e.g. the stock exchange, life assurance, unit trusts) had its own Self-Regulating Organization (SRO), which reported to the SIB. It was superseded by the Financial Services Authority in December 2001.

Accounting dictionary. 2014.

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