Running a successful secondary credit broking business requires a solid foundation and a clear sense of direction. The Regulatory Business Plan – Secondary Credit Broking gives your firm the essential structure it needs to meet FCA standards and thrive in a complex regulatory environment.
Why Choose This Product?
Lenders and the Financial Conduct Authority expect your business to demonstrate a concrete, compliant approach to operations. This product provides a step-by-step framework for your senior team to follow, showing regulators that you understand your obligations and have robust processes in place.
What’s Included in the Regulatory Business Plan – Secondary Credit Broking?
- A detailed overview of your business model, target market, and service proposition.
- A breakdown of how your firm sources and manages customer credit applications.
- Full documentation of your governance structure, including decision-making processes and senior management responsibilities, specifically tailored for secondary credit broking.
- Risk assessment and controls, ensuring your business identifies and addresses all relevant risks associated with credit broking activities.
- Customer journey mapping, showing how you safeguard customer interests from initial marketing through to credit broking execution.
- Information on data security, fraud prevention, complaints handling, and ongoing regulatory reporting.
- Clear financial projections and stress testing, meeting FCA expectations and supporting sound business planning.
Benefits of the Regulatory Business Plan – Secondary Credit Broking
- Demonstrates to the FCA and lenders that your business takes compliance seriously.
- Clarifies internal roles, processes, and oversight, reducing operational risk.
- Saves time and costs by providing a ready-to-use structure, written in straightforward English, with practical templates and examples.
Who Should Use This Product?
This product is ideal for new firms seeking authorisation, established credit brokers updating their documentation, or any business preparing for regulatory change. If you need to show a clear, compliant plan, this product is for you.
Make compliance easier, satisfy regulators, and lay the groundwork for future growth.
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