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Headline Issue Diary Date
FIC decommissions current email query address and replaces it with a new online system 21 CompliNEWS 14 May 2018
Chatbot launched for GDPR compliance; aims to assist South African firms 21 CompliNEWS 14 May 2018
Australia to bring in open banking system from July 2019 21 CompliNEWS 14 May 2018
Australian Regulator consults on code of ethics compliance schemes for financial advisers 21 CompliNEWS 14 May 2018
Compliance Institute Southern Africa appoints a new CEO 21 CompliNEWS 14 May 2018
Concerns with the VCC tax initiative 21 CompliNEWS 14 May 2018
SEC in the US charges hedge fund adviser with deceiving investors by Inflating fund performance 21 CompliNEWS 14 May 2018
FCA and PRA jointly fine Mr James Staley 21 CompliNEWS 14 May 2018
Release of the 2017 annual report of the Ombudsman for Banking Services 21 CompliNEWS 14 May 2018
Number of banking complaints increase 21 CompliNEWS 14 May 2018
Working Smart

By Lee Rossini

In the current environment, fee transparency is a defining characteristic of a trustworthy and sustainable business. Clients are informed, cautious, and demanding about understanding what they are paying for. Transparency is both a regulatory requirement and a commercial imperative. Businesses that clearly explain their charges and value proposition are more likely to build long-term trust, strengthen client relationships, and differentiate themselves in a competitive market.

CPD

Subscribers are reminded that they can complete monthly CPD quizzes and claim CPD hours before the 31 May deadline. View the CPD FAQs for more on accessing the CPD quizzes.

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