Example sentences of "carry [adv] investment " in BNC.
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| 1 | Grant Thornton is authorised by the Institute of Chartered Accountants in England and Wales to carry on investment business . |
| 2 | Grant Thornton are authorised by the Institute of Chartered Accountants in England and Wales to carry on investment business . |
| 3 | ( FCA ) of having been found to be in breach of Investment Business Regulation 6.03 in that the firm at Shipley between 16 March 1989 and 12 March 1991 sent business letters relating to its investment business without bearing the legend ‘ Authorised by the Institute of Chartered Accountants in England and Wales to carry on investment business ’ contrary to Investment Business Regulation 2.02 and in that the firm at Shipley between 9 September 1988 and 1 October 1989 entered or required its Principal to enter into an association or arrangement with a person which might result in the defendant being constrained or induced to refer or introduce a client to a person who was not an independent intermediary with a view to that person giving investment advice contrary to Investment Business Regulation 2.03 and in that the firm at Shipley between 16 March 1986 and 31 October 1989 failed before recommending or effecting for a client a transaction in units in an authorised unit trust or a recognised collective investment scheme , to take reasonable steps to establish that other more advantageous or suitable policies or units were not available contrary to Investment Business Regulation 2.11 and in that the firm at Shipley between 1 November 1989 and 16 October 1991 having given advice to a client which was such that when acted upon it resulted in commission being received by the defendant , failed to notify the said client in writing of the amount and terms of such commission as soon as that information was available , contrary to Investment Business Regulation 2.32 was reprimanded , fined £3,000 and ordered to pay £500 by way of costs . |
| 4 | First , the SIB has been given power , by virtue of ns.47A(1) , to issue Statements of Principle with respect to the conduct and financial standing expected of persons authorized to carry on investment business . |
| 5 | Under that section the SIB have been empowered to issue statements of practice governing the conduct and financial standing of persons authorized to carry on investment business . |
| 6 | ‘ 1(1) The rules and practices of the organisation must be such as to secure that its members are fit and proper persons to carry on investment business of the kind with which the organisation is concerned . … |
| 7 | ‘ For the purposes of this Act an appointed representative is a person — ( a ) who is employed by an authorised person ( his ‘ principal ’ ) under a contract for services which — ( i ) requires or permits him to carry on investment business to which this section applies ; and ( ii ) complies with subsections ( 4 ) and ( 5 ) below ; and ( b ) for whose activities in carrying on the whole or part of that investment business his principal has accepted responsibility in writing ; and the investment business carried on by an appointed representative as such is the investment business for which his principal has accepted responsibility . |
| 8 | Section 4 makes it an offence to carry on investment business in contravention of section 3 . |
| 9 | ‘ 1(1) The rules and practices of the organisation must be such as to secure that its members are fit and proper persons to carry on investment business of the kind with which the organisation is concerned . … |
| 10 | ‘ For the purposes of this Act an appointed representative is a person — ( a ) who is employed by an authorised person ( his ‘ principal ’ ) under a contract for services which — ( i ) requires or permits him to carry on investment business to which this section applies ; and ( ii ) complies with subsections ( 4 ) and ( 5 ) below ; and ( b ) for whose activities in carrying on the whole or part of that investment business his principal has accepted responsibility in writing ; and the investment business carried on by an appointed representative as such is the investment business for which his principal has accepted responsibility . |
| 11 | Whilst to date no formal agreement has been reached with SIB , the institutes have accepted that authorisation to carry on investment business will be dependent in the future on some form of proof of competence of those individuals actually engaged in , for example , the giving of investment advice . |
| 12 | ‘ KPMG Peat Marwick is authorised by the Institute of Chartered Accountants in England and Wales to carry on investment business ’ . |
| 13 | This enables the firm to publish the tombstone without the normal legend ‘ KPMG Peat Marwick is authorised by the Institute of Chartered Accountants in England and Wales to carry on investment business ’ . |
| 14 | ‘ The contents of this statement have been approved for the purposes of Section 57 of the Financial Services Act 1986 by KPMG Peat Marwick which is authorised by the Institute of Chartered Accountants in England and Wales to carry on investment business . |
| 15 | The advertisement must include the Merger & Acquisition Services legend under the KPMG Peat Marwick ( see example ) and must also state that KPMG is ‘ authorised by the ICAEW to carry on investment business ’ . |
| 16 | Authorised to carry on investment business by the Institute of Chartered Accountants in England and Wales . |
| 17 | Authorised to carry on investment business by the Institute of Chartered Accountants in England and Wales . |
| 18 | The Consultation Draft which preceded the issue of the COB Rules explained that in order to carry on investment business of the same description ( and so qualify as a market counterparty ) , the putative market counterparty must carry on an activity in relation to a description of investment which both fall in the same paragraphs of Sched 1 to the FSA as the activity and investments of the firm . |
| 19 | Their power to admit and expel members has the important consequence of granting and revoking authority to carry on investment business . |
| 20 | ( a ) that offer documents are " investment advertisements " and must be issued or approved by a person authorised to carry on investment business ( usually a merchant bank or firm of stockbrokers , s57 ) ; |
| 21 | A central provision of the Act is section 3 , which provides that no person shall carry on investment business in the United Kingdom unless he is an authorised person or an exempted person as defined . |
| 22 | The general rule is then , that those who want to carry out investment business must first seek authorization . |
| 23 | This is an important shift away from the concept that a firm is competent to carry out investment business and may be authorised solely on the grounds that its partners have at some time qualified as chartered accountants . |
| 24 | Sir Nicolas Browne-Wilkinson V.-C. held , however , that the statutory right of the Board , acting as delegate of the Secretary of State for Trade and Industry , to seek an order against persons carrying on investment business in the United Kingdom without authority to make good losses suffered by others was a sufficient basis for a Mareva injunction . |
| 25 | Natural Justice — Opportunity to meet charge — Right to be heard — Company carrying on investment business as appointed representative of insurers — Lautro as self-regulating organisation investigating company 's affairs — Lautro issuing notice prohibiting acceptance by insurers of business from company until investigation completed — Whether company having right to be heard before issue of notice — Financial Services Act 1986 ( c. 60 ) , ss. 8 , 44(2) |
| 26 | Subsections ( 3 ) , ( 4 ) and ( 5 ) of section 6 enable the Secretary of State , or the S.I.B. , to obtain orders against ‘ a person … carrying on investment business in contravention of section 3 ’ requiring that person to disgorge profits thereby made ( subsections ( 3 ) ( a ) and ( 4 ) ( a ) ) or to compensate investors for losses they have suffered ( subsections ( 3 ) ( b ) and ( 4 ) ( b ) ) . |
| 27 | Whether or not a company is carrying on investment business , the regulations on investment advertisements ( a fairly wide ranging concept ) must be adhered to . |
| 28 | Carrying on investment business without the appropriate authorisation , except where professionals are dealing with professionals , is not only a criminal offence but may render unenforceable any contract entered into . |
| 29 | In the case of solicitors , as well as the usual provisions common to most businesses , specific restrictions may , for example , be desired : ( 1 ) in relation to the operation of bank accounts ( more particularly drawings and transfers from client and trust accounts ) ; ( 2 ) to prohibit a partner from carrying on investment business at any time when the firm has not applied for and obtained an Investment Business certificate from the Law Society ; and ( 3 ) in relation to professional undertakings made in the name of the firm , perhaps by requiring the consent of another partner ( if not all partners ) or notice to the other partners . |
| 30 | Thus : ( 1 ) the said Solicitors ' Publicity Code ( which is summarised in Chapter 12 ) was introduced in 1988 , revised in 1990 , and covers the whole field ; from the general ( solicitors may hold themselves out to be good , but not to be better than the other firm down the road ; publicity must be accurate and not mislead ; a solicitor 's advertisement must identify the solicitor by name ) to the particular ( the correct designation of a solicitor 's practice , entries in legal directories , addresses to the Court and the use of the legal aid logo ) ; ( 2 ) the Law Society 's code incorporates by reference the provisions of the British Code of Advertising Practice which in its own way requires publicity material to be honest , truthful and decent , unambiguous and responsible , and contains a separate section relating to the advertising of financial services and products ; ( 3 ) the Financial Services ( Conduct of Business ) Rules 1987 also cover the advertising of financial services and products and will need to be studied by any firm carrying on investment business ; ( 4 ) solicitors will also need to be familiar with the Consumer Credit ( Advertisements ) Regulations 1989 and other secondary legislation in that connection , the whole corpus replete with the jargon unique to that area of law ; ( 5 ) the Business Names Act 1985 , which has already been referred to in Chapter 1 , requires revision of a firm 's letterheading every time there is a change in the identity of the partners , which will include any occasion when a salaried partner whose name has previously been shown " below the line " is promoted . |