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 Glossary   >   P   >   "Personal Investment Authority" Definition   

        Personal Investment Authority

A Self-Regulating Organisation (SRO) set up under the Securities and Investment Board (SIB) with responsibility for regulating retail financial services.

A 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.

Personal Investment Authority


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Personal Investment Authority - A Self-Regulating Organisation (SRO) set up under the Securities and Investment Board (SIB) with responsibility for regulating retail financial services.

A 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.


Personal Investment Authority : a self-regulating organisation (sro) set up under the securities and investment board (sib) with responsibility for regulating retail financial services.

a 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.