With recognition that several of its members use or are considering the investor questionnaires to assist in the know-your-client process, the MFDA has developed a discussion paper on the issue. The paper discusses many topics such as designing an investor questionnaire, implementation considerations, benefits and limitations of employing a questionnaire and a Sample Investor Questionnaire attached as an appendix.
For a full text of the discussion paper, see MFDA Bulletin #0611-C.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
