English version

Securities and Investments Board, the

From Longman Dictionary of Contemporary EnglishSecurities and Investments Board, thethe Securities and Investments BoardSeˌcurities and Inˈvestments ˌBoard, the (abbrev. SIB)  the former name for a British organization that makes sure investment businesses in the UK work fairly and are not involved in dishonest business methods. In 1997 it changed its name to the FSA.From Longman Business DictionarySecurities and Investments BoardSeˌcurities and Inˈvestments ˌBoard abbreviation SIB nounFINANCELAWORGANIZATIONS in Britain, a former organization which controlled the way in which bonds, shares etc were traded and made sure investment arrangements were legal. In 1997, it was replaced by the Financial Services Authority.
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