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FBAA eases broker compliance strain

Staff Reporter 3 minute read

By: Belinda Luc

In a bid to make statutory compliance easier for brokers, the FBAA has launched a ‘toolkit’ for its members.

FBAA president Peter White said the NCCP toolkit, which costs $326.70, aims to provide brokers with all the documentation, manuals, templates and check lists they will need to comply with NCCP regulatory requirements post 1 July 2010.

"The NCCP toolkit will greatly assist brokers in meeting their regulatory commitments moving forward,” Mr White said.

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"We appreciate the financial burden of becoming and remaining compliant is at the forefront of brokers' concerns and that's why we've partnered with AAMC to provide a solution at the most affordable cost.”

"We urge brokers not to leave their compliance obligations to the last minute. Brokers should act now to mitigate any potential stress in the future," Mr White said.

The NCCP toolkit iis available now for pre-order and will be accessible from mid-June.

In addition to the toolkit, the FBAA has included an online CPD point management function on its Website.

FBAA eases broker compliance strain
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