In addition to our consultant, we provided a number of interim experienced compliance, collections and credit risk resources to support the project and wider business.\u00a0 As a result of this we have completed a successful remediation project required by the Financial Conduct Authority due to a section 166 being served.<\/p>\n
The remediation required an assessment of more than 4,000 customers over a period of 5 years. We achieved the confidence of the FCA and a successful remediation project through detailed remediation methodology documentation, accurate and timely reporting, the demonstration of structured planning, and effective 3 lines of defence activity.<\/p>\n","protected":false},"excerpt":{"rendered":"
An established Consumer Credit firm reached out to Kind for support to help them work with the regulator following a Section 166 notice being issued.\u00a0 This involved providing them with one of our experienced compliance consultants, to work with the senior management team on the appointment of a Skilled Person. In addition to our consultant, […]<\/p>\n","protected":false},"author":1,"featured_media":17762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,57],"tags":[],"class_list":["post-16196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies","category-compliance"],"acf":[],"yoast_head":"\n