Evidence of Treating Customers Fairly

Evidence of Treating Customers Fairly

Category

Ethics & Practice Standards

CPD

8.5

Course Description

The objective of the TCF initiative is to establish market conduct standards that prioritize the equitable results of financial services provided, rather than solely evaluating compliance of financial service providers and their representatives with all prescribed rules and regulations.The TCF initiative aims to regulate market conduct by basing it on the fair outcome of financial services rendered rather than just looking if financial services providers and their representatives adhere to all the rules and regulations laid down.

 

Course Info

Prerequisites:
None
Skill Level:
All
Price: R 850.00
 

CURRICULUMS

  • Evidence of Treating Customers Fairly



Compliance in Perspective

Compliance reflects conformance to the required legislative aspects. Failure to comply with these standards will result in businesses being exposed to risk, often with adverse effects. Through the FAIS and FIC Acts, compliance has been made an integral part of the business processes with more focus and reporting on compliance aspects. With this focus and the negative impact and implications of not complying, non-compliance is simply not an option. There are many complexities to incorporate compliance into daily business activities. It is the focus of VAPS Consultancy to assist customers to incorporate legislative requirements into policies and procedures to manage the risk of the business.




ABOUT US

VAPS Consultancy has been in operation since 2004 in providing Value Added Products and Services, mainly in the motor industry. The compliance function has become a major value-added service to customers to provide guidance, support, policies and procedures, monitoring and risk management to ensure customers operating within a compliance framework. Effectively VAPS offers compliance solutions to business partners.

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