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Showing results for tags 'selftrade intrusive question'.
I have just received in the post from my stockbroker (since 2002) what I consider to be a most intrusive and unnecessary questionnaire. Their justification for this ‘records review’ is compliance with Money Laundering Regulations 2007 and with the Joint Money Laundering Steering Group Guidance. After some general personal details are requested (which they must have on record already), and a reasonable request for a certified bank statement to prove identity yet again, there follows a section entitled Source of Wealth which asks: What is your total net worth? Over what timeframe was this we