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EXPERTS IN PROVIDING FINANCIAL SERVICES COMPLIANCE SOLUTIONS TO THE RETAIL MOTOR INDUSTRY
from SMTA Auto Insight – Issue 12
by SMTA
TTC will consult with you to offer advice, reassurance and planning to ensure your business and its people understand and meet the industry’s regulatory requirements. We can demystify the compliance risks within your business and guide you through the solutions.
WHAT IS COMPLIANCE OVERSIGHT?
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• Are YOU achieving expected results?
• Do YOUR finance or insurance products represent good value for money and
• Is YOUR firm in compliance with applicable policies, laws, regulations, and ethical standards?
The Duty, are you getting ready?
• 31st October 2022 Have YOU appointed a Consumer Duty Champion & agreed implementation plans?
• 31st April 2023 Finance Companies & Insurers complete reviews to meet the outcome rules
• 31st July 2023 Rules start for open finance & insurance products
Email: stuart@thethomsonconsultancy.co.uk
Mobile: 07907 465262