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Complaints Management Policy
"I need a Complaints Management Policy for a medium-sized fintech company operating in Ireland, with specific focus on Central Bank of Ireland compliance requirements and procedures for handling digital banking complaints, to be implemented by March 2025."
1. Purpose and Scope: Defines the purpose of the policy and its application scope, including types of complaints covered
2. Policy Statement: Organization's commitment to effective complaint handling and fair treatment of customers
3. Definitions: Clear definitions of key terms including what constitutes a complaint, complainant, resolution, etc.
4. Regulatory Framework: Overview of relevant legislation and regulatory requirements the policy adheres to
5. Roles and Responsibilities: Defines responsibilities of different staff members and departments in the complaints process
6. Complaint Handling Process: Step-by-step process for receiving, recording, and handling complaints
7. Timeline Requirements: Mandatory timeframes for acknowledging and resolving complaints
8. Documentation Requirements: Requirements for recording and maintaining complaint records
9. Data Protection and Confidentiality: Procedures for handling personal data in compliance with GDPR
10. Escalation Procedures: Process for escalating unresolved complaints and handling appeals
11. Reporting Requirements: Internal and external reporting obligations regarding complaints
1. Industry-Specific Requirements: Additional requirements specific to regulated industries (e.g., financial services, healthcare)
2. Vulnerable Customer Provisions: Special provisions for handling complaints from vulnerable customers
3. Quality Assurance: Procedures for monitoring and improving the complaint handling process
4. Staff Training: Training requirements and programs for staff handling complaints
5. Alternative Dispute Resolution: Information about external ADR schemes and when to use them
6. Social Media Complaints: Specific procedures for handling complaints received through social media channels
1. Complaint Form Template: Standard template for recording complaint details
2. Complaint Register Format: Template for maintaining the complaints register
3. Response Letter Templates: Standard templates for acknowledging and responding to complaints
4. Escalation Matrix: Detailed hierarchy and contact information for complaint escalation
5. Regulatory Reporting Templates: Templates for required regulatory reporting of complaints
6. Process Flow Charts: Visual representations of the complaint handling process
Authors
Financial Services
Retail
Healthcare
Telecommunications
Utilities
Professional Services
Insurance
Banking
Education
Hospitality
E-commerce
Transportation
Public Services
Manufacturing
Construction
Customer Service
Compliance
Legal
Operations
Risk Management
Quality Assurance
Training
Internal Audit
Customer Experience
Corporate Communications
Human Resources
Data Protection
Senior Management
Branch Operations
Customer Relations
Customer Service Manager
Compliance Officer
Quality Assurance Manager
Customer Experience Director
Operations Manager
Risk Manager
Legal Counsel
Data Protection Officer
Customer Service Representative
Branch Manager
Department Head
Chief Operating Officer
Customer Relations Manager
Training Manager
Complaints Handler
Senior Management Team Member
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