Record keeping Flashcards
1
Q
Retention of records:
Advice on Life Policies and Pensions
A
5 years
2
Q
Retention of records:
Advice on Pension Transfers, opt-outs and FSAVC
A
Indefinite
3
Q
Retention of records:
Advice on MiFID- related business
A
5 years
4
Q
Other
A
3 years
5
Q
Record keeping: how long must evidence of identification be kept when a relationship with a customer has ended in regards to money laundering and supporting evidence of transactions
A
5 years
6
Q
Complaint records must be retained for:
A
3 years after the date of the complaint received
7
Q
Complaint records for MiFID must be kept for:
A
No minimum retention period
8
Q
Complaint records for UCITS schemes
A
5 years
9
Q
Time to keep documents of a recommended mortgage
A
3 years
