IMP-ost : 12th Nov, 2012
www.i-securesolutions.in : Good initiative by institution
The End of Mis-Selling ?
The changing regulatory and business environment may mean that mis-selling of financial products will be sharply reduced...
A couple of days ago, there was a news item in a leading business daily about HSBC Bank suspending its financial distribution in order to stamp out mis-selling in its ranks.
However, the elimination of mis-selling cannot depend on the voluntary efforts of one or two distributors. It can only come about when the business and regulatory environment changes and makes sharp practices unremunerative.
Read full article at :
http://www.valueresearchonline.com/story/h2_storyView.asp?str=21349
www.i-securesolutions.in : Good initiative by institution
The End of Mis-Selling ?
The changing regulatory and business environment may mean that mis-selling of financial products will be sharply reduced...
A couple of days ago, there was a news item in a leading business daily about HSBC Bank suspending its financial distribution in order to stamp out mis-selling in its ranks.
However, the elimination of mis-selling cannot depend on the voluntary efforts of one or two distributors. It can only come about when the business and regulatory environment changes and makes sharp practices unremunerative.
Read full article at :
http://www.valueresearchonline.com/story/h2_storyView.asp?str=21349
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