Archive for July 2008

On 23rd July 1962 the “Telstar” communications satellite sent the first live transatlantic TV broadcast

Jul 26th, 2008 | By James Green | Category: On This Day

Today we take instant communication for granted but back in 1962 international on- demand telephone calls were unheard of.
To make a long distance call you had to book it through the operator who would call you back. We did have American TV programs (the “Lone Ranger” was a favourite of mine) but none of them [...]



The Financial Services Authority (”FSA”)

Jul 24th, 2008 | By James Green | Category: Guide to City Jargon, Investments

The FSA is an independent non-governmental body formed following reforms in the regulation of financial services. The supervision of banking and investment services (including pensions, life assurance etc) was merged with the responsibilities of the previous regulator, ”The Securities and Investments Board (SIB), which changed its name to the Financial Services Authority in 1997.
The FSA’s four statutory [...]



European Economic Area (”EEA”)

Jul 24th, 2008 | By James Green | Category: Guide to City Jargon, Investments

The European Economic Area consists of all the member states of the European Union plus three of the four European Free Trade Association (EFTA) states, namely Iceland, Norway and Liechtenstein. By treaty the EFTA states have been allowed to be part of the European Single Market without being required to join the EU.
The Fourth EFTA [...]



FSA Glossary of Definitions

Jul 24th, 2008 | By James Green | Category: Guide to City Jargon

A  Glossary of definitions produced by the FSA for interreting the “FSA Handbook”.
www.fsahandbook.info/fsa/html/handbook/glossary



On 22nd July 1822, Gregor Mendel whose experimental work became the basis of modern hereditary theory was born

Jul 24th, 2008 | By James Green | Category: On This Day

Mendel was born into a peasant family in what is now Hyncice, (Czech Republic). He entered the Augustinian monastery at Brno, which was renowned as a centre of learning and scientific research and became a substitute teacher at the technical school.
His monastery had a large garden where monks worked on developing new strains of plant. [...]



On 21st July1969 Neil Armstrong became the first man to walk on the Moon.

Jul 24th, 2008 | By James Green | Category: On This Day

Five days after blasting off from earth Eagle, the lunar module of the Apollo 11 Mission, settled onto the surface of the moon, in the Sea of Tranquillity. At 02.56 GMT Neil Armstrong exited the lunar module and stepped onto the Moon’s surface, with the words “That’s one small step for man, one giant leap [...]



The United Kingdom Listing Authority

Jul 23rd, 2008 | By James Green | Category: Guide to City Jargon

The “Financial Services Authority” acting in its capacity as the competent authority for Part VI of the Financial Services and Markets Act 2000 (Official Listing). The competent authority maintains the official list.
www.fsa.gov.uk/ukla