The concept of KYC- Know Your Client- provides a much lower standard of care for Super trustees

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The concept of KYC- "Know Your Client"- provides a much lower standard of care for Super trustees than the traditional concept of fiduciary duties. Introducing KYC is a step backwards for consumer protection in Superannuation matters.

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International Marketing And Export Management

ISBN: 9781292016924

8th Edition

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

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Posted Date: Feb 26, 2024 01:57 AM

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The concept of KYC- Know Your Client- provides a much lower standard of care for Super trustees

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The statement raises an important discussion about the balance between regulatory requirements like KYC and fiduciary duties in the context of superan... View the full answer

International Marketing And Export Management

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