Rathbones is not alone: the growing challenge of servicing complex clients

The news that Rathbones will no longer take on clients requiring enhanced due diligence has brought a wider industry issue into focus. Client risk has evolved significantly, and firms are now operating in an environment where compliance means far more than ticking boxes, with regulators increasingly focused on governance, accountability and how processes are embedded across a business.

Our Head of Managed Services Pregeshni Maduramuthu spoke to FT Adviser about why this applies well beyond wealth managers, and why continuous monitoring matters as client risk profiles change over time.

Read the full article here.