Compliance

Regulatory Compliance

MoneyMind's risk-profiling aligns with each jurisdiction's regulatory obligations — mapped for your compliance team.

AU ASICUK FCAUS SEC / FINRACA CSA / CIRO

Prepared 11 May 2026. Risk profiling & behavioural assessment.

Australia

ASIC

Best-interests-duty regime (Corporations Act Pt 7.7A). DBFO reforms are shifting toward principles and outcomes.

Requirement area	Regulatory basis	Coverage
Risk tolerance	Corporations Act s961B BID; RG 175; RG 244	Strong
Risk capacity	s961B BID; client's relevant circumstances	Strong
Overall risk profile	s961B BID; RG 175	Strong
Knowledge & experience	RG 175; RG 244	Strong
Objectives & goals	s961B BID; RG 175	Strong
Vulnerability	ASIC vulnerability expectations; AFCA; (Consumer Duty equiv. n/a)	Strong
Ongoing review	Support ongoing reviews	Strong

United Kingdom

FCA

COBS 9 / 9A suitability + Consumer Duty + FG21/1 vulnerability. FG11/05 speaks directly to risk-profiling tools. Strong fit on knowledge & experience, vulnerability, triangulated tolerance and capacity-for-loss.

Requirement area	Regulatory basis	Coverage
Attitude to risk	Assess the client's attitude to risk, separately from capacity. COBS 9/9A; FG11/05 (risk-tool guidance).	Strong
Capacity for loss	COBS 9A; FG11/05	Strong
Overall risk profile	Combine willingness and ability without conflating. COBS 9A; FG11/05	Strong
Knowledge & experience	COBS 9A	Strong
Objectives	COBS 9A	Strong
Vulnerability	FG21/1 (in force, reaffirmed Mar 2025); Consumer Duty	Strong
Consumer understanding	Consumer Duty (PRIN 2A) — understanding outcome	Strong

United States

SEC / FINRA

Reg BI (best interest) + FINRA 2111 suitability / 2090 KYC; IA Act fiduciary for RIAs.

Requirement area	Regulatory basis	Coverage
Risk tolerance	FINRA Rule 2111; Reg BI (Care)	Strong
Investment experience	FINRA 2111	Strong
Investment objectives	FINRA 2111; Reg BI	Strong
Vulnerability	FINRA 2165; Reg BI care	Strong

Canada

CSA / CIRO

Client Focused Reforms (NI 31-103) under CIRO; Joint CSA/CIRO Staff Notice 31-368 (Dec 2025). Risk profile = tolerance + capacity, assessed separately.

Requirement area	Regulatory basis	Coverage
Risk tolerance	NI 31-103 (CFRs); CIRO rules; SN 31-368	Strong
Risk capacity	NI 31-103 (CFRs); SN 31-368	Strong
Overall risk profile	NI 31-103 13.2; SN 31-368	Strong
Investment knowledge	NI 31-103 KYC	Strong
Investment objectives	NI 31-103 KYC	Strong
Vulnerability	CIRO vulnerable-client guidance; SN 31-368 (temporary holds)	Strong

Frameworks current as at 11 May 2026. AU DBFO reforms in progress; UK Consumer Duty + FG21/1; US Reg BI / FINRA 2111; Canada CFRs (NI 31-103) under CIRO, Joint CSA/CIRO Staff Notice 31-368 (Dec 2025).