“Worthiness” is commonly defined as “the quality of deserving respect or attention.”  In the eyes of a financial institution, onboarding or maintaining an ongoing business relationship with a high-net-worth customer is “worth it” – but is it always “worthy”?

The latest article of the Axis Insights covers the reputational risks factors that may be associated with client profiles and the potential impact on financial services institutions and the jurisdictions at large. Read the Axis Insights article, “How “worthy” is “worth it”?” by Zahra Allam-Team Leader-Compliance, HERE.