Text for Report on Title
ROT: Source of Wealth/Funds for Deposit
- Change date
- 29/03/2026
- Word count
- 299
- Deployment measure
- 7/10
Rationale
With Source of Funds and Source of Wealth being hot topics at the moment, various legal regulators have started to recommend that firms manage expectations when it comes to setting out clearly and unambiguously the practice’s obligations in this key area.
Could you also please provide us with evidence of the source of funds for your deposit? Whenever money is being sent to us, we must be able to account for
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