Compliance Review
Centralised parent companies rely on their subsidiaries accurately administering
their credit insurance policies to ensure compliance. However an independent
review by experienced personnel followed up by written conclusions and
recommendations will provide confidence to senior management.
This knowledge is also fundamental for funding institutions and bankers. The
security of a credit insurance policy is enhanced by the quality of
administration by the client. A dispassionate independent review is a key
component in the funder's lending decision.
The above two scenarios are live issues for IRC Europe. We provide these
Compliance Reviews for several major multi national groups travelling to a
variety of countries around the world. We also provide similar reviews to one of
the world's top ten banks, within their UK client base.