Investment Management Regulatory Organisation - A Self Regulating Organisation (SRO) with responsibility for monitoring the manner in which UK investment firms manage their funds, that is their client"s investments. It supervises the way firms treat their clients and provide investment services. Companies include those which manage funds, unit trusts, ISAs and pension funds. IMRO is currently one of the three SROs (the other two being the Personal Investment Authority [PIA] and the Securities and Futures Authority [SFA] ) which report to the Financial Services Authority (FSA). All regulatory functions of IMRO have been taken over by the Financial Services Authority as of December 2001.
Investment Management Regulatory Organisation : a self regulating organisation (sro) with responsibility for monitoring the manner in which uk investment firms manage their funds, that is their client"s investments. it supervises the way firms treat their clients and provide investment services. companies include those which manage funds, unit trusts, isas and pension funds. imro is currently one of the three sros (the other two being the personal investment authority [pia] and the securities and futures authority [sfa] ) which report to the financial services authority (fsa). all regulatory functions of imro have been taken over by the financial services authority as of december 2001.