KYC, come on now chaps it’s 2008 end even my old Dad knows that KYC has nothing to do with fast food take away chicken and everything to do with “Know Your Client”. Unfortunately, however, Insider has had to witness a grown and professionally qualified man make a fool of himself over the last few months by failing to grasp this 21st century concept.
Come on, we now must all take responsibility for whomever we introduce, or have as a client. You cannot any longer casually introduce or retain people as clients if you do not “know them”. With FICA and FAIS in full operation as well as a number of other international acts snapping at our heels we all must accept that suck slack attitudes can only bring dire consequences and professional damage, to my old mate, I say “if you lie down with the dogs you will catch fleas!”