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Complaints Handling Policy
"I need a Complaints Handling Policy for our Dutch financial services firm that complies with Wft regulations and includes specific procedures for handling investment-related complaints, planned to be implemented by March 2025."
1. Purpose and Scope: Defines the objective of the policy and its application scope, including which types of complaints are covered and who can make complaints
2. Definitions: Clear definitions of key terms used throughout the policy, including what constitutes a complaint, formal vs. informal complaints, and other relevant terminology
3. General Principles: Core principles guiding the handling of complaints, including fairness, transparency, accessibility, and commitment to resolution
4. How to Submit a Complaint: Detailed information on the various channels and methods available for submitting complaints, including online, written, and verbal complaints
5. Complaints Handling Process: Step-by-step description of how complaints will be processed, including acknowledgment, investigation, and resolution stages
6. Timeline and Response Standards: Specific timeframes for each stage of the complaints process, including acknowledgment and resolution targets
7. Rights and Responsibilities: Outlines the rights of complainants and the responsibilities of both the organization and the complainant during the process
8. Data Protection and Confidentiality: Information on how complaint-related data will be handled, stored, and protected in compliance with GDPR/AVG
9. Appeals Process: Information on how to appeal decisions and escalate complaints if the initial resolution is unsatisfactory
1. Industry-Specific Procedures: Additional procedures specific to regulated industries (e.g., financial services, telecommunications) when applicable
2. Special Categories of Complaints: Specific procedures for handling sensitive complaints or those requiring special attention (e.g., discrimination, safety issues)
3. Multiple Language Support: Information about handling complaints in different languages, relevant for organizations serving international customers
4. External Dispute Resolution: Information about external dispute resolution bodies and when/how to access them, particularly relevant for regulated industries
5. Service Recovery: Guidelines for compensation or service recovery measures that may be offered as part of complaint resolution
1. Complaint Form Template: Standard form for submitting formal complaints, including all required fields and guidance notes
2. Complaint Handling Flowchart: Visual representation of the complete complaints handling process
3. Contact Information: Detailed contact information for the complaints handling team and relevant external bodies
4. Response Templates: Standard templates for acknowledging complaints and providing updates
5. Record Keeping Requirements: Detailed guidelines for maintaining complaint records and required documentation
Authors
Financial Services
Retail
Healthcare
Telecommunications
Utilities
Professional Services
Education
Transportation
Hospitality
E-commerce
Manufacturing
Real Estate
Insurance
Public Services
Technology
Customer Service
Legal
Compliance
Quality Assurance
Operations
Risk Management
Customer Relations
Data Protection
Customer Experience
Regulatory Affairs
Front Office
Back Office
Internal Audit
Training and Development
Customer Service Manager
Compliance Officer
Quality Assurance Manager
Customer Experience Director
Legal Counsel
Operations Manager
Risk Manager
Customer Relations Specialist
Data Protection Officer
Chief Customer Officer
Service Delivery Manager
Complaints Handler
Customer Support Supervisor
Quality Control Manager
Regulatory Compliance Manager
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