Financial service providers including brokers, advisers, banks and investment managers have had to re-think business models, re-train, even decide whether they want to continue. They are now wrapped in new regulation, designed to protect investors and inform. They lose their ticket to attend the game if they fail to meet requirements.
Providers might claim, “If we meet compliance, surely any client should be satisfied. What other scrutiny could possibly be necessary?”
Actually – quite a lot!
Download the full article below: