Know your client – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 06 Nov 2024 18:18:24 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Know your client – Investment Executive https://www.investmentexecutive.com 32 32 Fund rep sanctioned for allowing ‘stealth advising’ https://www.investmentexecutive.com/news/from-the-regulators/fund-rep-sanctioned-for-allowing-stealth-advising/ Wed, 06 Nov 2024 18:18:10 +0000 https://www.investmentexecutive.com/?p=496155 Leverage strategy deployed on the down low resulted in hefty financial losses

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]]> CIRO unveils next wave of rule consolidation https://www.investmentexecutive.com/news/from-the-regulators/ciro-unveils-next-wave-of-rule-consolidation/ Thu, 17 Oct 2024 20:40:49 +0000 https://www.investmentexecutive.com/?p=494971 Approval regime, proficiency are among areas covered in latest consultation

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]]> OSC looks to play the long game https://www.investmentexecutive.com/news/from-the-regulators/osc-looks-to-play-the-long-game/ Thu, 10 Oct 2024 21:01:33 +0000 https://www.investmentexecutive.com/?p=494509 Regulator details vision for retail funds that hold long-term assets

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]]> FCA sanctions U.K. bank over fair treatment failings https://www.investmentexecutive.com/news/from-the-regulators/fca-sanctions-u-k-bank-over-fair-treatment-failings/ Thu, 10 Oct 2024 17:34:07 +0000 https://www.investmentexecutive.com/?p=494439 Bank failed in its dealings with customers facing financial distress

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]]> FCA sanctions U.K. bank for weak anti-crime controls https://www.investmentexecutive.com/news/from-the-regulators/fca-sanctions-u-k-bank-for-weak-anti-crime-controls/ Wed, 02 Oct 2024 16:38:55 +0000 https://www.investmentexecutive.com/?p=493803 Challenger bank kept adding risky clients after review

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]]> Don’t go down with your client’s ship https://www.investmentexecutive.com/inside-track_/ellen-bessner/dont-go-down-with-your-clients-ship/ Mon, 30 Sep 2024 20:00:13 +0000 https://www.investmentexecutive.com/?p=493613 Use these three steps to deal with clients who insist on unsuitable investments

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]]> Avoid being sued over KYP shortfalls, expert tells IAFP symposium https://www.investmentexecutive.com/news/industry-news/avoid-being-sued-over-kyp-shortfalls-expert-tells-iafp-symposium/ Mon, 30 Sep 2024 19:18:21 +0000 https://www.investmentexecutive.com/?p=493661 Advisors should conduct independent analysis, educate clients, write detailed notes

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]]> Man convicted in the U.K.’s first crypto ATM case https://www.investmentexecutive.com/news/from-the-regulators/man-convicted-in-the-u-k-s-first-crypto-atm-case/ Mon, 30 Sep 2024 18:31:35 +0000 https://www.investmentexecutive.com/?p=493634 Unregistered network enabled possible tax evasion, money laundering, regulator says

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]]> ASIC calls for distribution improvements https://www.investmentexecutive.com/news/from-the-regulators/asic-calls-for-distribution-improvements/ Tue, 10 Sep 2024 18:09:18 +0000 https://www.investmentexecutive.com/?p=492387 Poorly designed KYC questionnaires at the heart of recent enforcement actions

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]]> OSC’s compliance work escalates https://www.investmentexecutive.com/news/from-the-regulators/oscs-compliance-work-escalates/ Fri, 26 Jul 2024 19:36:15 +0000 https://www.investmentexecutive.com/?p=490069 Risky firms, crypto platforms add to compliance division's workload

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