Business terms and jargon explained. Your business dictionary

What is Know your client

This is an ethical principle to which financial advisers must adhere. A financial adviser has to take reasonable steps to gather personal and financial information concerning the client that will be used by any party that the financial adviser introduces them to. The Financial Authorities have put in procedures and law to protect clients and to prevent fraud. There are big penalties for the adviser if they do not comply.

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Prime costs EDIFACT committal Confiscation order
EMEAI Profit Balancing Charge ActiveX
Brute force CMO N150 Civil Court form Anti harassment policy
CEO Hryvnia Giffen goods Gold fix
Hidden Economy Right of Support Gold Cordoba Price floor
Grant of confirmation Dominium Complaint Advertising Standards Authority
Alternative investment Assumption Compounded Settlement N213 Civil Court form
Auction Chargeable Value Risk Al Desco
Merger Exchange Rate Backpay Accrual Accounting

Term created / updated 2005-07-16 23:12:15

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

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