Question: When talking about financial provider and client relationships explain what we mean by fiduciary duties and list and explain the different fiduciary duties Explain the

  1. When talking about financial provider and client relationships explain what we mean by fiduciary duties and list and explain the different fiduciary duties
  2. Explain the different legal relationships that arise out of financial provider and client relationships
  3. What obligations do financial service providers have with regard to minimising money laundering?
  4. Explain what is meant by the term consumer contract with regard to the supply of a financial product/service
  5. Explain what is meant by the term personal advice with regard to the supply of a financial product/service
  6. What is a statement of advice and what should be included in it?

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