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Keyword: Know your client

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Crypto money

OSC sweep uncovered issues with firms' account opening, client limits

Compliance sweep in 2022 found WealthBar wasn't meeting new standards

Fraud

Leverage strategy deployed on the down low resulted in hefty financial losses

new rules

Approval regime, proficiency are among areas covered in latest consultation

Computer with financial growth

Regulator details vision for retail funds that hold long-term assets

Business lawyer team. Working together of lawyer in the meeting.

Bank failed in its dealings with customers facing financial distress

Collage of british pounds

Challenger bank kept adding risky clients after review

Stormy waters

Use these three steps to deal with clients who insist on unsuitable investments

Client listening to a lawyer or advisor explaining issues

Advisors should conduct independent analysis, educate clients, write detailed notes

  • By: Jonathan Got
  • September 30, 2024 September 30, 2024
  • 15:18
A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Unregistered network enabled possible tax evasion, money laundering, regulator says