Remediation Route.
Each audit is a CeMap & CeRCH compliant process. Every case is fully reviewed using the FCA (MCOB) handbook. Parameters for financial audit and assessment, as well as compliance markers are used throughout the audit on each residential or commercial contract reviewed.
There are nine (MCOB) audit functions related to each review with a minimum of four sub audits within each function header, financial and compliant related, forming the final report.
Services headers Within The software Audit Process.
01
Review.
Determining if a mortgage pension or investment contract was missold and may give rise to remediation.
02
Authority.
Client authority to PIM Audits and the acquiring legal agents. DSAR request to broker & lender.
03
Assessment.
Of all documentation, original application process, all financials and compliance.
04
Financials & Compliance.
Review of all monetary transactions and payments since inception., as well as all compliance markers.
05
Audit Report.
Full PIM Audit report producing a liability summary and assessment of potential quantum of claim.
06
Remediation Compensation & Claim.
Appointment of Solicitor Agents.
Progress claim.
Lender - Court - FO - FSCS.
