MDA - Provider Policy and Procedures

Detailed guidance and procedures for providing an MDA service, covering:

• What is an MDA service?
• Licence requirements
• FSG and SoA
• Investment program
• MDA contract
• Commencing an MDA service
• Investment management
• Discretionary authority
• Conflicts of interest
• Administration and reporting
• Custody and appointing a custodian
• Terminating an MDA service
• Record keeping
• Insurance
• Monitoring and breach reporting
• User and content guide

Benefits:

• Comprehensive policies and procedures for providing MDA advice
• Covers all the MDA regulatory requirements for MDA providers (other than advising - see the MDA Adviser Policy & Procedures)
• Fully customisable for your business
• Variable clauses to suit different MDA models
• Detailed table of contents ensures easy navigation
• Supports your quality assurance program
• Clear concise and effective language
• Purchase as part of the MDA Kit for a complete MDA compliance system

Use: 

• Convenient reference guide
• Customise to create your MDA service procedures
• Suitable for all types of MDA providers. NB: Additional customisation will be required for MDA providers who use an external custodian or non-recourse financial products