Filed Under:Your Practice, Regulatory

Local regs key reason for severing client relationships

Photo credit: Thinkstock
Photo credit: Thinkstock

A new study reveals that 77% of senior managers in the financial services sector would consider ending relationships with clients in a particular jurisdiction because of local regulatory requirements and their global consequences, a new report shows.

Global professional services firm Kinetic Partners, New York, released this finding in “Global Regulatory Outlook.” The study explores the views of senior executives within the banking, broking and asset management industries. 

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Nichole Morford

Nichole Morford
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