Cold calling is a sales strategy where a sales representative reaches out to potential customers who have not previously expressed interest in the product or service being sold. This method includes making unsolicited calls or visits to potential customers.
The Financial Services Act 1986 was a landmark UK Act of Parliament aimed at regulating investment business through the Securities and Investment Board and Self-Regulating Organizations. It laid down comprehensive legislation for many of the recommendations of the Gower Report and was superseded by the Financial Services and Markets Act in 2000.
An influential report on the protection of investors delivered to the UK government in 1984 by Professor Jim Gower, which laid the groundwork for the Financial Services Act 1986.
A medium-sized company must meet specific criteria to qualify for certain filing exemptions, making the preparation of financial statements crucial. Companies that are public, banking, or insurance firms, or fall under certain categories cannot claim these exemptions.
