CQS (CPMS) Conflict Handling Policy

Updated: 2024-02-15
Product Details

The recent update to the Core Practice Management Standards (CPMS) requires CQS firms to have a policy in place in relation to conflict handling (s5.7).

Policy documents can be time-consuming and difficult to prepare.

The Conflict Handling Policy includes reference to:

  • Assessment of circumstances
  • Acting for lender and borrower
  • Referrals giving rise to potential conflicts of interest
  • Action to be taken where there is a conflict

...as well as other formalities and general obligations as required under 5.7 of the CPMS.