Butterworths Financial Services Compliance Manual provides a guide in implementing a form of internal control in accounting to ensure compliance with the Financial Services Act of 1986. The manual is organized into 11 parts; each part tackles a specific area of concern in the implementation of the Act. Part I covers the background of legislation and compliance procedures, and Part II discusses the importance of identifying a client. Part III talks about the conduct of business, while Part IV deals with corporate finance. The subsequent parts cover portfolio review and discretionary management. The book also covers client money regulation, and then discusses central records and control. Compliance role and complaints procedures are also discussed. The last part talks about advertising. The book will be of great use to accountants, who require references on standardized practice manual.It arose out of the Gower Report set up following a number of well publicised investment scandals in the late 1970s and ... The practising accountant who wishes to provide a comprehensive Service to his client has to make a basic decision - does he wish to give investment advice? ... If he answers a#39;noa#39; and becomes simply an introducer he may be turning away a valuable additional source of business.
|Title||:||Butterworths Financial Services Compliance Manual|
|Publisher||:||Butterworth-Heinemann - 2014-05-23|