Multi-asset investment specialist Saxo Bank has updated the User Admin tool in SaxoPartnerConnect (SPC).
To ensure the User Admin tool aligns with compliance requirements, the following enhancements have been implemented.
Introduction of mandatory fields for user creation: To comply with regulatory standards, new mandatory fields have been added to the user creation process. These fields include gender, nationality, and date of birth.
Screening of Authorised Dealers: A new protocol has been established whereby all prospective Authorised Dealers will undergo a screening process prior to their creation and subsequent access to the platform. Consequently, the process of creating a new Authorised Dealer or converting an existing user to an Authorised Dealer will no longer be instantaneous. This measure is designed…
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