Ecompli. Your online compliance advisory service.
Click here to register nowAt Ecompli we specialise in providing FSA Compliance Support to Mortgage, General Insurance and Claim Handling Firms
WHATS NEW?
Ecompli are proud to announce that they have recently taken on Katherine Sime who will fill the role of Compliance Support Administrator.
Katherine brings a wealth of experience to Ecompli having previously worked in the Financial Services Industry for over ten years.
Her main responsibilities will be based on providing enhanced support to Ecompli’s customer base and she will also complete many varied internal compliance tasks.
Katherine’s current project is related to Financial Promotions, ensuring that all of Ecompli’s customer’s stationery is up to date. All stationery used by regulated firms needs to be reviewed on an annual basis to ensure that it continues to comply with the FSA’s rules and regulations. Therefore as part of our continuous improved service programme, Katherine will be contacting all of our customers over the forthcoming weeks to review their stationery on their behalf.
Operations Director, Stephen Gibson added “We are really pleased with the start Katherine has made within her role. Her creative approach has already given us great ideas on how we can provide improved service levels to our customers.”
- Telephone: 01254 670048
- Email: info@ecompli.co.uk
Tip of the week
If you hold yourself out as providing a fair analysis of the market for Non-Investment Insurance Business then the selection of insurance firms considered for this purpose will need to be sufficiently large to meet the Financial Services Authority’s requirements.
One way in which this requirement may be satisfied is by using ‘panels’ of insurance firms which should be reviewed on a regular basis and kept adequately up-to-date. For example, you would need to update the selection if you became aware that an insurance contract had generally become available offering an improved feature or better premium when compared with your current selection.
Where a panel is used, the criteria used to select the panel should be based on the product features, premiums and services offered and not solely on the benefit that you receive from using them.
