Publisher's Synopsis
This is a revised and updated edition of this textbook on financial services regulation. It contains the full text of the Financial Services Act 1986 as amended, and other relevant material. It also includes: the implementation of the investment services and capital adequacy directives; recognition of Personal Investment Authority; the transfer of responsibility for financial services supervsion to HM Treasury; and the emergence of new electronic markets on the Internet.;Aimed at all those in the financial services industry, the guide should also be of use to professional advisers and to students.