Conflicts of interest

Know Your Firm is all about...

 

Imperative

Risks

Greater focus on investment firms to ensure appropriate policies and procedures for tracking, monitoring and handling of client assets and risks are in place.  Emphasis on senior management to prove, with appropriate records, that they have been exercising the proper systems and controls

Inadequate and incomplete records will increase risks on customer or regulatory challenges. Reputational impact and regulatory fines are more likely.