The National Association of Commercial Finance Brokers ("NACFB") recently launched their NACFB Assured Brokerage programme. NACFB member brokerages were invited to take part, and out of almost 1300 registered brokers, many elected to have their systems and processes analysed in order to achieve accreditation.
IBP went through the process over the last few weeks and it was an in depth review of many things including,
FCA registration and correct authorisations for Senior Managers
Business Plans
Compliance Monitoring
Data Protection Policy and GDPR
Treating Customers Fairly
Vulnerable Clients Policy
Anti Bribery and Corruption Policy
in addition to complaints handling and registers, mandatory training all up to date, and the full process by which IBP does business - who gets what and when, disclosure to the client, selection of lender etc.
Our NACFB contact was really helpful in the way all this was reviewed and documented. The result is that a few days ago, Independent Banking Professionals Limited became one of the less than 20% of NACFB Brokers who have become NACFB Assured.
Throughout our 10 years of trading we have always looked to deliver the best/most transparent/bespoke service to clients and this is yet another step on that journey.
Is it time we helped your business grow and achieve its potential ?
Comments