Banks are required to comply with new regulation, not only to avoid liability risks but especially to improve client service, and to increase customer satisfaction.
Check PRIIP Key Information Documents (“KIDs”) for compliance in form and content with MiFID and other regulations.
Establish system-supported advisory processes along regulatory (documentation) requirements.
Inform clients about holdings-relevant insights pro-actively and ensure compliance with advisory requirements.
Increase and enforce compliance with new regulatory requirements. Ensure traceable recommendations for clients and advisors as well as comprehensive documentation. Conform with notification duties, improve service with pro-active alerts.