| Level | Item |
| Creator Name | Financial Supervision General Division (FSGD) |
| Reference Number (click to see whole series/group) | 17A120/3/4 |
| Extent | 1 file |
| Title | GOWER REVIEW OF INVESTOR PROTECTION: RESPONSES TO GOWER |
| Date | 1 Jul 1982 - 6 Dec 1983 |
| Description | Contains responses to Gower’s Discussion Document from: the City Capital Markets Committee; The British Insurance Brokers' Association; The Liberal Party; the Stock Exchange; the Bank of England; National Association of Pension Funds; Committee of London Clearing Bankers; joint response by The United Kingdom Association of New York Stock Exchange Members and The Association of Canadian Investment Dealers and Members of the Toronto and Montreal Stock Exchanges in Great Britain.
Also includes papers on the difference of views within the Bank on the right approach to the Gower Review; amendment of the PF(I) Act and the need of strengthening regulation in the securities area; minutes from the Committee of Scottish Clearing Banks meeting (6 Jul 1982), regarding evidence submitted to Gower on the Discussion Document; the question of the need for general and self regulation; possible methods of self-regulation; issues of self regulation and the Bank's policy decisions upon the subject; Gower's provisional conclusions from the responses; Japanese security houses; pension funds; Department of Trade to establish a group for the handling of the Gower report and the preparation of submissions for ministers on issues arising from it; investment trust companies; future structure and role of the Council for the Securities Industry (CSI) in a strengthened self-regulatory system; preliminary thoughts on the criteria for inclusion of a body in the new PF(I) Act; malpractices in the handling of pension funds; joint critique of the proposals in chapter 6 of Gower's draft report regarding vetting of prospectuses by CSI and the Stock Exchange; discretionary investment management and disclosure, including an attachment of a letter by the Accepting Houses Association Investment sub-committee and representatives of the Issuing Houses Association to CSI regarding substantial acquisitions rules (SARS 11 and discretionary clients) take over code; and reactions to Professor Gower's draft preliminary report by the City Capital Markets Committee. Also includes press cuttings. |
| Original Reference | FS1_1_2v4 |
| YearOpen | 2018 |