Part 5 & Part 6 & Part13-14 Flashcards
(5 cards)
1
Q
When contacting client what must provider do?
A
Act honourably,professionally or and w.r.t convenience of client
2
Q
At visit,call or contact of fsp what must happen?
A
Explain purpose and provide information as per sec5(name,certified copy of license,supervision of rep,conditions & exemptions)
3
Q
What is not covered in GCOC?
A.Furninshing of advice
B.Debarment of representatives
C.Custody of financial products
D.Risk Management
A
B.Debarment of representatives
4
Q
What is expressed in terms of waiver of rights?
A
No fsp is allowed to waiver any rights or ask client to waiver rights or benefits layed out by GCOC.
5
Q
When was GCOC first published & what is its full name
A
2003.General code of conduct for Authorised Financial Service Providers & Representatives
