self-regulating organisations
self-regulating organisations (SROs)
The now defunct organisations that regulated investment business in the UK. The former SROs were the Securities and Futures Authority (SFA), the Investment Management Regulatory Organisation (IMRO) and the Personal Investment Authority (PIA). When the Financial Services and Markets Act 2000 came into force on 1 December 2001, the SROs ceased to have regulatory functions and the Financial Services Authority (FSA) became the single regulator for the UK financial services industry.
For further information, see the FSA website:

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

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