Vantage Compliance Ltd, part of the Vantage Group of companies, is a compliance firm which can assist UNIFi members in the ever-changing world of regulation. Secured loan broker firms havemany regulatory changes to deal with in 2008 including new complaints rules, Consumer Credit Act changes, payment protection insurance (PPI) advice changes and initiatives such as Treating Customers Fairly (TCF).
UNIFi members can benefit from Vantage Compliance Ltd’s range of services such as compliance health checks, risk assessment, plus regular assistance on all aspects of compliance procedures and implementation. It also produces a regular newsletter which will cover key aspects of regulatory change.
These services will be provided to UNIFi members at reduced rates.
UNIFi Partners is itself part of the Vantage Group and offers secured loan brokers a range of services including fast-track accreditation, a whole-of-market lender panel, and access to support services such as marketing, management information and IT.
Patrick Bamford, managing director of UNIFi, commented: "2008 will see an unprecedented number of regulatory changes affect our industry and coupled with anticipated announcements regarding the selling of PPI it is now more important than ever to have regular health checks and advice from compliance experts.
“This service is available to all UNIFi’s member firms should they wish to take it. A number of firms have very competent compliance officers already in place but others will see this as a real value-added benefit of being a member of UNIFi.”
