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SECTION B (15 marks) A prospective client (none of the partners know him) has enquired as to whether we will look after a large sum

SECTION B (15 marks) A prospective client (none of the partners know him) has enquired as to whether we will look after a large sum of money he is expecting to receive shortly. He informs us that he is going on a nine month hike across Kilimanjaro and will not be able to look after these funds himself. He says that the money will be transferred to the firms bank account on 31 October and that we can invest it as we see fit. The fee he is offering is very, very generous.

REQUIRED: Can you advise us of any Code of Professional Conduct requirements we should be aware of? (15 marks)

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