The upcoming FIDLEG/FinSA regulation coming into force in 2020 imposes a number of new requirements on the Wealth & Asset Management industry. We have tried to summarise the main requirements as they pertain to client relationships.
A slow client onboarding process in Wealth- & Asset Management is frustrating for clients and businesses alike. What may not be as obvious is the sizeable opportunity cost that it creates. How big is the opportunity cost, you may wonder?