Internal rules and governance Flashcards
(37 cards)
complaints
formally acknowledge it without raising to compliance
12 weeks
what are the Killik committees?
Operations and finance committee, Client committee and Audit and Risk Committee
Who are the chairs of the operations and finance committee?
RON, Craig manning
Who are the chairs of the client committee?
Sarah threadgold, Clem mactaggart
Who are the chairs of the audit and risk comittee?
Simon haslam?
Who are the chairs of the Consumer duty forum?
Fabrizio argolas, Hardeep Chana
Investment risk forum chair?
Rupert Dickinson
culture and conduct forum chairs?
James hornett, Georgie killik
what is the SMCR?
Senior Managers and Certification Regime - sets clear expectations in terms of senior managements responsibility
Who are the NEDS?
Simon Haslam and Rupert Dickinson
Who is on the exec board?
Paul Killik/Georgie K / Clem MacT / Sarah Threadgold / hardeep Chana/ Craig Manning / simon Marsh / RON / Mike Pate
How many partners are there?
39 (+4 with new additions which include Eddy dallas/Charlie Maclean / Simon Bowyer / James Gordon)
to change bank details of a trust what needs to happen?
a letter must be sent detailing the new account details signed by all trustees. This should be confirmed by PC over the phone
What is LFOA used for and at what stage is it sent to onboarding
lloyds form of appointment - sent to onboarding at the star of the process
age range for opening a LISA?
18-39
Can a grandparent open a JISA?
No only a parent or guardian
What documents do you need to send to Platform when dematting a cert?
Certificate, OMT form and Crest transfer form
A client moves residency from US to UK. what docs do we need?
Change of circumstances form, W9-Ben, Passport and address confirmation
Client data team?
Nicola Vinyard, emma Gilson, Olivia Fort and Kirstie Wilson
Who needs to complete a W8-Ben E?
Company accounts and trusts that hold Us securities
When adding a POA for an existing client what 3 items must you provide?
Certified POA docs, account amendment form, IS and address verification for Attorney if not on system.
When a client holds cash, across how many pooled banks does platform deposit cash with?
13
How long do you have to keep client data for?
5 years
