Business Terms and Jargon Explained

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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Barrister Vicarious Liability Sub-Division
In pleno Operating System Price Elasticity of Demand
Zone Hedge Administration order
Macro environment Qualifying revolvers Scalable
Shares Personal Rights National IP Crime Strategy
Et cetera Holding Company Business Activities
Ultra vires CHIEF Redundancy
Escrow Over the Counter Pataca
Visegrad Countries Domicile of choice Incentive
Lead time Internet and email usage policy Annulment
Free on board XR Insider lending
RAR Cash Flow Forecast Closed Economy
Txid Easter egg Forwarding Agent

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

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