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Complaints Policy And Procedure
"Need a Complaints Policy And Procedure for our new Singapore-based fintech startup that complies with MAS guidelines and emphasizes our commitment to resolving issues within 48 hours, to be implemented by March 2025."
1. Purpose and Scope: Defines the objective of the policy and its application scope, including legal compliance requirements
2. Definitions: Key terms used throughout the policy, including types of complaints and relevant stakeholders
3. Complaint Lodgment Process: Detailed procedures for how complaints can be submitted, including channels and required information
4. Response Timeframes: Standard response times for different categories of complaints and acknowledgment procedures
5. Investigation Process: Steps and methodology for investigating complaints, including data collection and analysis
6. Resolution Process: Procedures for resolving complaints, including decision-making and communication protocols
7. Record Keeping: Requirements for documentation, data protection, and retention of complaint records
1. Industry-Specific Procedures: Additional procedures and requirements specific to regulated industries such as financial services or telecommunications
2. External Dispute Resolution: Procedures for escalating complaints to external bodies such as CASE or relevant regulatory authorities
3. Special Categories of Complaints: Specific procedures for handling sensitive matters, VIP customers, or high-priority complaints
1. Complaint Form Template: Standardized form for logging and tracking complaints
2. Response Templates: Standard response templates for different types of complaints and situations
3. Escalation Matrix: Detailed hierarchy and contact information for complaint escalation procedures
4. Service Level Agreements: Comprehensive timeframes and service standards for complaint handling
Authors
Complainant
Business Day
Resolution
Escalation
Feedback
Grievance
Service Level Agreement
Root Cause
Corrective Action
Personal Data
Confidential Information
Investigation
Material Complaint
Minor Complaint
Response Time
Resolution Time
Anonymous Complaint
Vexatious Complaint
Customer
Representative
Mediation
External Dispute Resolution
Record
Senior Management
Responsible Officer
Complaint Register
Acknowledgment
Policy
Procedure
Complaint Submission
Acknowledgment and Initial Response
Investigation Process
Resolution Process
Escalation Procedures
Record Keeping
Confidentiality
Data Protection
Response Timeframes
Communication Methods
Staff Responsibilities
Quality Assurance
Monitoring and Reporting
External Referrals
Appeals Process
Special Circumstances
Training Requirements
Documentation Requirements
Review and Updates
Regulatory Compliance
Customer Rights
Anonymous Complaints
Vexatious Complaints
Service Recovery
Continuous Improvement
Third Party Complaints
Emergency Procedures
Accessibility
Resource Allocation
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