Liability Concerns Growing in Ancillary Product Refund Processes

“From Afterthought to Strategic Approach: Managing Ancillary Product Refunds” An Allied Solutions White Paper

Regulatory guidance on refunding cancelled ancillary products is increasing. Financial institutions need to leverage a proactive approach to maintain compliance with these changing regulations.

In this whitepaper you can expect to find the following: 

• What Are Ancillary Products?
• What Triggers a Cancellation or Refund?
• The Current Regulatory Landscape for Financial Institutions
• Important Compliance Factors and Understanding UDAAP
• Pros and Cons for Financial Institutions
• How to Get Started: Two Possible Approaches
• A Solution That Solves: Product Refund Liability
• 5 Takeaways for Product Refund Liability

Read The White Paper Here!