World Elder Abuse Awareness Day is June 15
Matthew McGuire, national anti-money laundering practice leader with MNP LLP in Toronto, discusses the signs that an elderly client may be a victim of fraud. He lists the three most common indicators that a deal is fraudulent, and outlines the responsibilities of advisors in the event of a suspected fraud. McGuire spoke to Fiona Collie, web reporter with Investment Executive, at the TMX Broadcast Centre in Toronto.
Certain soft skills can come in handy when working with clients whose health is in decline
Employees of financial firms may be able to spot transactions, activity, or behaviour that signals financial abuse
Securities regulator will teach healthcare workers to spot and report financial abuse of the elderly