Take 5 Minutes to answer these questions and evaluate your risks.
Could you place your hand on all relevant customer signed Demands and Needs Statements for both Consumer Credit and General Insurance, on demand?
Our processes and procedures whilst bespoke to every firm, are on-line, giving 24 / 7 access to all regulatory
transactions with Customer signed paperwork at the click of a button in secure long-term storage.
Do you have dedicated compliance monitoring staff?
There is little point having paperwork to hand if you have gaps and do not have every customer recorded in
the first instance. Automotive Compliance Ltd have both an office based team conducting remote monitoring, together with field based Motor Industry Dealer
Development Managers to physically aid the management of your compliance.
Are you confident you could show evidence of a “Treating Customers Fairly” culture in your business if asked to do so by the regulator?
Paperwork is a start, Automotive Compliance Ltd implement not only process and procedures for regulated activity,
but embed the managerial culture in your business to evidence TCF from the top down.
In a principal based regulatory, regime, who checks that your interpretation of the rules meets the regulator's standards?
It is deemed “Good Practice” for a regular documented independent review of your compliance culture, processes and
procedures from a specialist regulated entity.