Question: Jacob has a client whom he knows very well due to their long-standing relationship. The client had a non-registered account with Jacob and recently added an RRSP and TFSA. Jacob is very efficient in completing paperwork and opens accounts the same day. One of the ways he accomplishes this is by copying KYC information that he collects during a thorough discovery process when a client first establishes a relationship. Identify the violation, if any, of the KYC responsibility. KYC needs to be completed for each account. KYC information cannot be documented in an online form. KYC information can only be collected on a new account application form. He has not committed a KYC violation.