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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Annuitant Intermediate Consumption Import VAT Certificate Astute
Transfer of Shares Bespoke Deposit CPEI
Domicile of origin Treeware Bank Transfer Minority Interest
Export Ofcom Registered Office Freedom of Information
Input Tax Risk Reversal EMEAI Arrangement Fee
RAR Geotargeting Anointed Market Research
Rational Decision Output Tax Affiliate agreement Amped
Backpay Apple polisher Services Interchange fee
Parliamentary Agent Open court Law Lord Intrastat
Rand VOIP Ex rights Cyberspace

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

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