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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Abort fee EMU Yard Admiralty Court
Rupiah Residential property Crown copyright Bonded Warehouse
Freedom of Information Case stated Gatekeeper Divisional Court
Benchmark Charities Objects clause Ram
Intra Vire Aggregates Levy Management buy in Bill of Lading
B2C Reimbursement Information Assets Shareholders
Macro environment Insolvency Functional Fexibility Magnum opus
Booking Fee Cancellation Period Core Competences Nanotechnology
Touch base Woolf Reforms Portfolio Diversification Concentration ratio
National IP Crime Strategy Exchange rate risk Switch In terrorem

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

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