Posts Tagged ‘ Guide to City Jargon ’

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

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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
 

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The Panel (”POTAM”)

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

The “Panel on Takeovers and Megers” have the main function to issue and administer the “City Code on Takeovers and Mergers” and to supervise and regulate takeovers and other matters to which the Code applies.
The Panel has been designated as the supervisory authority to carry out certain regulatory functions concerning takeovers under the EC Directive [...]



“AIM” - The Alternative Investment Market

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

The AIM market is operated by the “London Stock Exchange” for smaller growing companies. To join AIM, companies do not need a particular financial track record or trading history. The AIM rules have no minimum requirement in terms of size or number of shareholders.
www.londonstockexchange.com/aim
 

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The Official List

Jul 16th, 2008 | By James Green | Category: Guide to City Jargon

In terms of the “FSA Glossary of Definitions” the Official List is the main list of the “United Kingdom Listing Authority” and any corresponding list maintained by a competent authority in another “EEA” (European Economic Area) State.

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