The Council for the Securities Industry

Quarterly Bulletin 1978 Q2
Published on 01 June 1978

On 30th March 1978, the Bank of England announced that, following extensive consultations with Chairmen and senior representatives of the member organisations of the Take-over Panel and with the Chairman of the Consultative Committee of Accountancy Bodies, general agreement had been reached for the setting up of a new self-regulatory body for the securities industry. The new body would be entitled The Council for the Securities Industry (CSI). A document setting out the constitution, aims, and basis of operation of the CSI and the means by which it would be financed was circulated to members of constituent organisations for their endorsement. This document, the text of which is appended, was subsequently endorsed by all recipients.

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