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Financial service (1)
FINANCIAL SERVICE (1)

Definition: (American) An investment advisory service and its publications, e.g., Standard and Poor's.
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* All eleven elements should be in.


1. Purposeful and necessary, especially for the investing public.

2. Appropriately duly registered as a financial service provider.

3. All senior employees are qualified professionals as required.

4. Management structures and organs are effective and efficient.

5. Advice or tips that it gives will be top-notch; unimpeachable.

6. Its publications will be current, regular, accurate, readable.

7. Organization will perform some corporate social responsibility.

8. Charges or bills, cover price or subscription fees are affordable.

9. Makes profit and therefore, able to pay dividends to shareholders.

10. Fulfils all its legal obligations as and at the time expected.

11. Won't later go into administration. That is, operates cleanly.
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* no embezzler.

See perfect CHEAP MONEY.

** no rouge trader.
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* no 'long throatism'.

See perfect BUSINESS ETIQUETTE.

** no corporate greed.
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* no sharp practice.

See perfect CORPORATE GOVERNANCE.

** no creative accounting.

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