WHAT TRUSTEES SHOULD ASK AS­SET MAN­AGERS

Finweek English Edition - - Creating wealth -

• The level of in­sur­ance that a com­pany car­ries for neg­li­gence, fraud or theft. • The ex­tent of seg­re­ga­tion of du­ties – the greater the seg­re­ga­tion, the less likely the col­lu­sion. Pres­ence, role and se­nior­ity of the com­pli­ance of­fi­cer (in­de­pen­dence of the com­pli­ance func­tion from fi­nan­cial man­age­ment is im­por­tant). • Num­ber of sig­na­to­ries re­quired to move as­sets in to and out of their ac­counts.

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