Investment Management Regulatory Organisation (IMRO)
The former self-regulating organisation which regulated those carrying on the following types of investment business under the Financial Services Act 1986:
Discretionary investment management.
Management of unit trusts ( www.practicallaw.com/A37155) and pension funds.
Investment advice to institutional and corporate clients.
When the Financial Services and Markets Act 2000 ( www.practicallaw.com/A36104) came into force on 1 December 2001, the Financial Services Authority ( www.practicallaw.com/A36105) (FSA) took over IMRO’s business.
For further information, see the FSA ( www.practicallaw.com/T216) website.