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Authority bond |
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Authority bondA bond issued by a government agency or a corporation created to manage a revenue-producing public enterprise. The difference between an authority bond and a municipal bond is that margin protections may be incorporated in the authority bond contract as well as in the legislation that enables the authority.Authority bond Similar MatchesWater authority search feeWater authority search feeA fee charged by a solicitor as part of his conveyancing work for checking the infrastructture of the local water system and sewerage. Occupational Pensions Regulatory AuthorityOccupational Pensions Regulatory AuthorityThe Authority set up under the Pensions Act 1995 to make occupational pensions more secure. Securities and Futures AuthoritySecurities and Futures AuthorityA Self Regulating Organisation (SRO) with responsibility for the regulation of firms engaged in the securities and futures sectors of the financial services market.Companies regulated by the SFA are those engaged in dealing or advising in securities or derivatives including shares, bonds, traded options, corporate finance and futures. A list of authorised firms is published from time to time by the SFA enabling clients to confirm authenticity.All regulatory functions of the SFA have been taken over by the Financial Services Authority as of December 2001. Financial Services AuthorityFinancial Services AuthorityThe replacement regulating body for the Securities and Investments Board (SIB). The FSA, which came into being on 28th October 1997, carries all regulatory responsibilities for the UK financial services industry. The overall broad objectives are:the protection of consumers of financial servicesthe promotion of clean and orderly marketsthe maintenance of confidence in the financial services systemIt is a criminal offence to conduct investment business without authorisation, and the FSA is empowered to prosecute those who break this rule. A Central Register is held which lists firms with authorisation. Personal Investment AuthorityPersonal Investment AuthorityA Self Regulating Organisation (SRO) authorised by the Financial Services Authority (FSA) which regulates the majority of companies conducting investment business with private investors in the financial services market.The PIA replaced FIMBRA and LAUTRO and some activities of IMRO and the SFA in 1994.All regulatory functions of the PIA were taken over by the Financial Services Authority (FSA) in December 2001. Further SuggestionsBudget authorityauthority Public housing authority bond UK Listing Authority Trade Promotion Authority local authority investment Local authority searches |
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