Fern
has been contacted by the Financial Services Authority (FSA)
to help assess the impact of transferring regulation
of NI Credit Unions from DETI to the
FSA.
There
were 5 main areas covered in the FSA
questionnaire:-
-
FSA Quarterly and Annual Return
-
FSA Annual Complaints Return
-
Single Customer View Report (SCV)
-
Disclosure Requirements
-
Online Notification and Applications
(ONA)
Fern
has been installing systems regulated by the FSA (Registrar of
Friendly Societies) for over 25 years and you can rest assured that
the Fern
systems are fully FSA compliant.
We
will be happy to discuss this proposed transition with anyone who
has any queries. Please contact Hugh Walsh at hugh.walsh@fernsoftware.com
or phone 028 9080 8000. Existing Fern customers can log
onto www.fernsoftware.com/support
for additional information.
