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Zagga Loan Management System

Decent Essays

1. Detailed Complaint procedures
1.1 Type 1 complaint process
(a) When a complaint is received by Zagga and it is determined to be a Type 1 complaint, it should be managed by one or both of the Complaints Managers.
(b) An acknowledgement email is to be sent to the respective team/Complaints Managers who received the complaint, to confirm that the Complaints Manager will manage the complaint.
(c) The details of the complaint are to be logged in the Complaints Register in the Zagga Loan Management System against the client’s unique client number.
(d) The client management system should reflect that the client has raised a dispute through the updating of notes.
(e) Relevant internal stakeholders are to be informed of the complaint, including Compliance and Management, to ensure the …show more content…

(e) The client is to be copied on all correspondence sent to the third party.
1.5 Communicating with a client's representative
(a) We may not communicate directly with a client once we know that another person is representing them, such as a solicitor, accountant or financial adviser (section 8 of the ASIC RG96), unless:
(i) there is no response from the representative within fourteen (14) days;
(ii) the representative advises that they do not have instructions from the client on the matter;
(iii) the representative does not or has not consented to act;
(iv) where the representative is not a solicitor, we advise that written authority is required from the client to communicate with their representative, and they have not provided it;
(v) the client specifically requests information. Note: If Zagga has a solicitor acting on our behalf, then the client(s) representative should talk to Zagga’s solicitor directly.
2. ASIC’s IDR requirements
A summary of the requirements outlined in ASIC’s Regulatory Guide 165 are detailed

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