Compliance and Regulatory Consulting
Local and global compliance expertise for the financial services industry.Compliance and Regulatory Consulting
Sebastien Petsas, Director in the Compliance and Regulatory Consulting practice at Duff & Phelps, was featured in FT Adviser as part of a guide to suitability and duty of care, following a breakfast briefing he led on the topic.
He discussed how firms should deliver financial solutions that meet clients’ needs as well as duty of care standards. He said, “Most firms will at least have an annual review with their customers to make sure there is a touchpoint, that ongoing communication … the regulatory system is very sensible in making you sit down and have that informed set of conversations with your client when you first set the account up, because you need to know how they think and feel, what their appetite for risk is.”
Read the full article here.