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Question 15 (1 point) Duane, a licensed life insurance agent with many years of experience with high net worth individuals, meets a referral for the
Question 15 (1 point) Duane, a licensed life insurance agent with many years of experience with high net worth individuals, meets a referral for the first time. The referral, named Darya, owns a retail exporting company. After completing a net worth statement with her, it is evident Darya has a great deal of assets, some of which are held in different countries. Dana is looking to purchase $85,000 worth of segregated funds. She mentions wanting to complete the paperwork today as she is flying to Europe tomorrow She brought her chequebook and proper identification documents. What should Duane do to make sure he is acting ethically? Dal He show al He should wait until Darya returns from Europe to complete the transaction. b) He should determine whether Darya is a politically exposed foreign person, He can complete the transaction, but should report it to FINTRAC. O He can complete the transaction, but should report it to his provincial insurance regulator
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