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Securities and Investments Board

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
Securities and Investments Board
n
(Economics, Accounting & Finance / Banking & Finance) (from 1986 to 1997) a British regulatory body that oversaw London's financial markets, each of which has its own self-regulatory organization: replaced by the Financial Services Authority Abbreviation SIB


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A former executive director of the Bank of England and ex-chairman of the Securities and Investments Board, Walker is now a senior adviser at Morgan Stanley.
Prior to joining Morgan Stanley, he was deputy chairman of Lloyds Bank and between 1988 and 1992 he was chairman of the Securities and Investments Board - a precursor of the Financial Services Authority.
Concerns raised by trade unions and politicians that the industry is too secretive have led to a review of the way it operates, which is led by Sir David Walker, the former chairman of Morgan Stanley International and the Securities and Investments Board.
 
 
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