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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Pension Contributions Administration T-account Above-board
Imaging Bad debt N5 Civil Court form INGO
Appellant Inventory N121 Civil Court form Ei incumbit probatio qui
Bankruptcy Order Bolivar Alibi Direct Costs
Late Registration Penalty Marketing Mix Information Commissioner Financial Ombudsman Service
Testimony Patch COO LIBO
Ask Moving forward WERS Households
HMSO Zero rated Off Balance Sheet N349 Civil Court form
Ancillary relief Takeover BZIP2 Specific Legacy
Derivative action Cost per click Broker Business Continuity Planning

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

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