ATICS - Benefits - Compliance

COMPLIANCE

1. Supports FSA commitment to reduce financial crime.

2. Embeds good practice to support Treating Customers Fairly.

3. Reduced training and competency requirements.

Since FSA regulation it has been necessary for firms to be able to demonstrate effective controls of business risk and this includes financial crime. The fraud protection controls applied through ATICS are one way of applying such control.

With process becoming system driven it suddenly becomes easier to embed fair and consistent claims philosophies and therefore alleviating TCF concern. As a further by-product T&C requirements become less intense as the competencies necessary to be demonstrated by staff are reduced significantly.

ATICS