Dr Anna Bradshaw considers the drivers of de-risking and those it impacts in an article for Wealthbriefing
Wednesday 25 October, 2017
Recent legislation has widened the pool of ‘high risk’ customers, not limited to Politically Exposed Persons (PEPs) and persons designated as targets of financial sanctions. Dr Anna Bradshaw discusses how strengthened due diligence obligations and regulatory reporting standards combine to increase the number of customers who may find themselves ‘unbankable’. For further information, read Anna’s article here.