0800 644 6080
Call FREE from Landline and Mobile
Est. 1989

Financial Services Act 1986 Definition & Overview

Affected by Covid-19? Immediate Rescue Or Closure Options Available

FAST Free Director Advice & Support, With 78 offices Nationwide our Licensed Insolvency Practitioners can Help Today.

Updated: 8th January 2020

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).

The act has since been  repealed and superseded by the Financial Services and Markets Act 2000, under which the SIB and SROs were merged together to form the Financial Services Authority (FSA).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 on 0800 644 6080. Our extensive office network comprises 78 offices across the UK with a partner-led service offering immediate director advice and support.

Keith Tully

Partner

0800 644 6080
Director Support - Business suffering from Cash-Flow Problems?
If your company is financially distressed, we also offer the below services:
Business debt recovery

  • Recover Unpaid Invoices of £5k+
  • Expert Credit Control Services
  • Stop Late Payers & Bad Debts
Visit Site
Time to pay experts

  • Get Breathing Space with HMRC
  • Support with Business Tax Arrears
  • 35 Years HMRC Negotiation
Visit Site
UK Business Finance

  • Rejected for a CBILS Loan?
  • Get Emergency Business Funding
  • Supporting 1000+ UK Companies
Visit Site
Who we help
  • Company Directors
  • Finance Directors
  • Sole Traders
  • Accountants
  • Small Businesses
  • Large Businesses
  • Partnerships
Contact our team
Jonathan Munnery
Gillian Sayburn
Julie Palmer
Processing...
or Find your Nearest Office

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

Business Rescue Advice for Directors
Free Guide for Limited Company Directors
Business Rescue Advice for Directors
  • How to manage company cash flow problems
  • Advice on dealing with HMRC
  • Understanding rescue and closure options
  • And much more...
Free Guide Download
Desling with your Insolvent Clients
Business Rescue Guide for Accountants
Dealing with your Insolvent Clients
  • Helping you advise insolvent clients
  • Spotting signs of client distress
  • Exploring business rescue options
  • And much more...
Free Guide Download
Our numbers speak for themselves
78
Number of UK Offices
30000
Directors Helped
70+
Licensed Insolvency Practitioners