Can't Repay Bounce Back Loan? Get Free Advice

Require Immediate Support? Free Director Helpline: 0800 644 6080

Real Business Rescue

Director Advice

Restructuring & Support Resources

Bounce Back Loans

Comprehensive director advice on BBL repayments
Winding Up Petition

Advice for directors of companies facing a winding-up petition
COVID-19 Business Support

In-depth support for businesses impacted by COVID
Time To Pay HMRC

For businesses struggling to meet tax liabilities
Cash Flow Problems

General support for companies struggling to stay afloat
Overdrawn Directors' Loan

Guidance for directors on personal liability issues

Require Immediate Support? Free Director Helpline: 0800 644 6080

Free Director Helpline: 0800 644 6080

100+ Offices 60 Second Test

Financial Services Act 1986 Definition & Overview

Share:
Share to Facebook Share to Twitter Share to LinkedIn Share to Facebook Messenger

Published:

Written by: Jonathan Munnery

An overview of the Financial Services Act 1986

The Financial Services Act 1986 was a UK Act of Parliament designed to regulate various aspects of the financial services industry. One of the most notable implementations of the act was the introduction of a Securities and Investments Board (SIB), which was created to preside over several new “self-regulating organisations” (SROs).

Received a Bounce Back Loan?

Don't Worry - There are thousands of other company directors going through the same process. No matter what position you are in and need looking for options, speak to a member of the Real Business Rescue team. It's Free & Confidential.
The team are available now -  0800 644 6080

The act has since been  repealed and superseded by the Financial Services and Markets Act 2000, under which the SIB and SROs were merged together to form the Financial Services Authority (FSA). With the advent of the FSA, self-regulation became less important and the emphasis has been switched towards more regulatory content.  

If you have questions about UK company law or any issues related to business insolvency and recovery, feel free to email us or call our directors’ hotline.

Contact the RBR Team Today

protected by reCAPTCHA Badge reCAPTCHA
Here at Real Business Rescue we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See PRIVACY POLICY
Dots
Free download

Free Insolvency Report

Claim Your Free Business Review

Simply search your Limited Company Name or Company Number

Next Steps

We provide free confidential advice with absolutely no obligation.
Our expert and non-judgemental team are ready to assist directors and stakeholders today.