Investor protection threatened
Language: English Series: Daily Telegraph ; 5/9/87 p18Publication details: 1987Subject(s): Summary: Reviews the potential of umbrella intermediaries within the insurance market. Under the Financial Services Act 1986 firms carrying on investment business must seek authorisation with a recognised body. Within an umbrella organisation the lead company alone will apply for authorisation and comply with the regulations.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2336-16 (Browse shelf(Opens below)) | 1 | Available | 47830-1001 |
Reviews the potential of umbrella intermediaries within the insurance market. Under the Financial Services Act 1986 firms carrying on investment business must seek authorisation with a recognised body. Within an umbrella organisation the lead company alone will apply for authorisation and comply with the regulations.