recognized professional body

Recognized Professional Body

a professional body such as the Chartered Accountants of England and Wales, which is recognized as a self-regulating organization for maintaining standards of good business practice under the terms of the UK FINANCIAL SERVICES ACT 1986.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

recognized professional body (RPB)

a professional body, such as the Chartered Accountants of England and Wales, that is recognized as a regulating organization under the terms of the UK FINANCIAL SERVICES ACT 1986. RPBs are responsible for regulating their members in relation to their work in advising clients about investments.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005