LSDefine

Simple English definitions for legal terms

SIB

Read a random definition: Laidlaw vacancy

A quick definition of SIB:

Term: SIB

Definition: SIB stands for Securities and Investment Board, which is now known as the Financial Services Agency. It is a regulatory body that makes sure that companies in the financial industry in the United Kingdom follow the rules. This includes stock exchanges and other related businesses. Think of it like a referee in a game, making sure everyone plays fair and follows the rules.

A more thorough explanation:

Definition: SIB stands for Securities and Investment Board. It is a regulatory body that oversees the financial-services industry in the United Kingdom, including exchanges and related entities. It was formerly known as Securities and Investment Board.

Example: The Financial Services Agency is responsible for ensuring that financial institutions in the UK comply with regulations and operate in a fair and transparent manner. This includes overseeing stock exchanges, investment firms, and other financial entities.

Explanation: The example illustrates how the Financial Services Agency, formerly known as SIB, is responsible for regulating and overseeing the financial-services industry in the UK. This includes ensuring that financial institutions operate in a fair and transparent manner, which helps to protect consumers and maintain the integrity of the financial system.

si antecedit ictum licet non congressum | sibi imputet

General

General chat about the legal profession.

General >T14 Off Topic

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Denny

13:44

thx llama

TenFiftyILuvUGang

13:44

that song be hitting on a friday

TenFiftyILuvUGang

13:44

all u can eat sushi parlayed into minecraft movie tn

Denny

13:44

i thought u were going to northeastern smh

TenFiftyILuvUGang

13:44

chicken wings and fries we dont go on dates

llama

13:46

@TenFiftyILuvUGang: Standing ovation for url, crushed it as well, best to you!

TenFiftyILuvUGang

13:46

no u

Denny

13:47

mr llama are you going to go to law school this year

llama

13:49

Cue Drake; "God's Plan" Here is my framework: If score above my min threshold for LSAT April and get in, go. Else, construction till I die. Fook the books.

Denny

14:03

gotcha

Denny

14:03

did u get ur peepers fixed

llama

14:16

@Denny: Yes, thanku for asking. I am curious how late the cycle will drag on and tbh the late cycle may be my saving grace. We'll see.

Mostlylegal

14:17

guys 11 days till ndls seat deposit deadline and they still havent sent half their As

llama

14:18

5 days from now: Mass email to applicants: Send seat deposit if u wish to be considered for the class of 2028

Mostlylegal

14:43

they are just waiting till easter sunday to make it holy hallelujah

ParallelAgreeableOrangutan

15:09

Did ASU just appear for the first time on anyone else's LawHub tracker? I'm def not going there at this point, but I'm still following every one of my apps with lots of anxiety lol

Denny

15:33

it appeared on mine after i didnt pay seat deposit

ClassyPleasantHeron

15:39

LSAC changed their application system this year. Some of these weird changes are schools figuring out how it all works.

ParallelAgreeableOrangutan

15:40

Ahhhaha they just waitlisted me. I was legit just holding on for a free trip to Phoenix (they fund $750 even if ASD has already passed when they accept you). I had an unspeakably unprofessional experience (my 3L interviewer didn't show up for my interview, then the admissions office lied to cover for him lolol AND this whole time they've been addressing emails to me as "Dear Lastname," (yes, with two spaces)

ParallelAgreeableOrangutan

15:40

RUDE, lsd deleted one of my spaces?!

ParallelAgreeableOrangutan

15:42

The waitlist email was signed by... not the individual who sent it? Hope y'all's experiences are more positive than mine have been

bigfatsloth

15:48

what did they say to cover fpr him

bigfatsloth

15:56

vanderbilt today (manifesting)

ParallelAgreeableOrangutan

15:57

Me: "...I had a 20-minute admissions interview scheduled for [time], but my host, Mr. [name], has not yet joined. I have been waiting on the call and checking my email for any updates. As the scheduled time has passed, I will be stepping off the call shortly, but I wanted to reach out to inquire if there have been any changes to the schedule. Please let me know if we need to reschedule! Thank you for your time,[me]" Them: "... We are very sorry for any miscommunication and technical difficulties. Mr. [name] informed us he could see you in the waiting room, and unfortunately due to Zoom issues was unable to have you join the meeting. We are do our best to avoid these types of circumstances and sincerely apologize that you were impacted. ... Again, we are very sorry for the difficulties today." Me: "Thank you for following up. To ensure clarity: my Zoom screen showed "Please wait for the host to join the meeting" throughout my scheduled interview time, which indicates the meeting was ne

bigfatsloth

15:58

oop

ParallelAgreeableOrangutan

15:58

Sorry so long lol, I think it got cut off. Basically dude no-showed, then claimed he could see me in the waiting room but for "technical reasons" he could not let me in lol. They lied along with him

bigfatsloth

15:58

they tryna gaslight u

ParallelAgreeableOrangutan

15:58

Yupppp

ParallelAgreeableOrangutan

15:59

I was pissed that they couldn't come up with a better lie. Insult to my intelligence

ParallelAgreeableOrangutan

15:59

Just say bro had an emergency

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