Local professionals can now receive online training on AML, KYC/CDD, Sanctions, Governance, Risk Management & more. LONDON, United Kingdom – The London Governance and Compliance Academy (LGCA) has teamed up with The Association of Governance, Risk & Compliance and TMC Institute, a leading and specialist provider of bespoke corporate training with offices in the […]
According to the UK’s Financial Conduct Authority’s Occasional Paper No. 8, a vulnerable client is an individual “who, due to their personal circumstances, is especially susceptible to detriment, particularly when a firm is not acting with appropriate levels of care.”
During the past decade or so, financial services firms have been flooded with a vast number and variety of regulations. Each day, greater attention has to be paid to regulatory issues by companies during the course of their regular business activities.