Definitions for "Personal Investment Authority"
Keywords:  lautro, fimbra, pia, imro, subsumed
Self-Regulating Organisation which was responsible for authorising and policing independent financial advisers and other firms marketing financial products and services. It has now been absorbed into the Financial Services Authority under the Financial Services and Markets Bill.
(PIA) Regulatory organisation which replaced FIMBRA and LAUTRO and some functions of IMRO. It will be replaced by the FSA when it receives its full powers at N2 date.
Regulatory organisation which took over from FIMBRA and LAUTRO and, in part, IMRO. Its duties will be replaced by a single regulator, the Financial Services Authority, early in the 21st Century.