by layertec | Jun 11, 2020 | Compliance
To create a meaningful CVMS (Consumer, Vulnerability Management System) design and development of new products must be foremost in any organisation seeking to address potential customer susceptibility. Often organisations examine consumer vulnerability from the wrong...
by layertec | Jun 7, 2020 | Compliance
Organisations that are regulated need to address consumer vulnerability. This is not just to meet the supervisory requirements but makes good business sense. The first place to start is with the corporate risk register. Most organisations will hold a risk register...
by layertec | Jun 7, 2020 | Compliance
With the sheer volume of sales material and associated specifications and terms andconditions produced by large organisations as part of their contractual acceptanceprocesses, little thought is often given to those individuals with low basic skill sets within theUK....
by layertec | May 29, 2020 | Compliance
Consumer vulnerability is featured within the FCA’s current business plan and manyregulated organisations may have given consideration as to how best to implement aprogramme that identifies vulnerable groups and mechanisms to deal with such situations. But why create...
by layertec | May 20, 2020 | Compliance
As the UK emerges from the Coronavirus pandemic many individuals may face an uncertainfuture with the economy due to face a harsh recession according to the Chancellor of theExchequer. Lenders and other financial services organisations have a significant obligation...
