Compliance

Modified on Thu, 7 Nov, 2024 at 3:35 PM

The Compliance page is made up of the following sections. Select the section names below for more information:

Compliance

Include Commission on Invoice

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Enable Include Commission Checkbox - this displays or hides the Include Commission checkbox on the Invoice Generation page of the transaction wizard.

NOTE: Configuration of invoice templates is required for this feature.

Include Commission By Default On - Works together with the above setting. There are 2 options for this field:

All Retail Clients and Retail Class of Risk - the Include Commission box will be auto-selected if both the client and class of risk compliance types contain the word "retail".
All Clients - the Include Commission box will be auto-selected for all clients.

Statement of Advice

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Used to enable or disable the Statement of Advice section on the Compliance page of the Transaction Wizard.

Financial Services Guide

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	Enable FSG - when Yes is selected, the following are activated: The FSG is recorded in the Compliance tab for the client profile, policy and policy transaction Standard users can view current FSG compliance records (update the PPG to enable permission to add compliance records) The FSG line is added to the table in the transaction wizard's Compliance page The FSG Task is auto-added when a client is created
	Client Compliance Type - the options are based on the Client Compliance Types setting in Configuration. Your selection determines if the table in the transaction wizard's Compliance page includes the FSG line.
	Enable FSG Task - this refers to the FSG Task section when creating a new client. When Yes is chosen, the Classification page of the wizard includes the FSG Task section and prompts you to assign the FSG Client Task to a Task Queue as a reminder to send the attached FSG document.

Product Disclosure Statement

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	Enable PDS - when Yes is selected, the following are activated: The PDS is recorded in the Compliance tab for the client profile, policy and policy transaction Standard users can view current PDS compliance records (update the PPG to enable permission to add compliance records) The PDS line is added to the table in the transaction wizard's Compliance page
	Class of Risk Compliance Type - the options are based on the Class of Risk Compliance Types setting in Configuration. Your selection determines if the table in the transaction wizard's Compliance page includes the PDS line.

Target Market Determination

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	Enable TMD - when Yes is selected, the following are activated: The TMD is recorded in the Compliance tab for the client profile, policy and policy transaction Standard users can view current TMD compliance records (update the PPG to enable permission to add compliance records) The TMD line is added to the table in the transaction wizard's Compliance page
	Class of Risk Compliance Type - the options are based on the Class of Risk Compliance Types setting in Configuration. Your selection determines if the table in the transaction wizard's Compliance page includes the TMD line.

Custom Client Compliance 1 & 2

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	Enable Custom Client Compliance 1 & 2 - When Yes is selected, the following are activated: The Custom Client Compliance 1 or 2 is recorded in the Compliance tab for the client profile, policy and policy transaction Standard users can view current Custom Client Compliance 1 or 2 compliance records (update the PPG to enable permission to add compliance records) The Custom Client Compliance 1 or 2 line is added to the table in the transaction wizard's Compliance page
	Custom Client Compliance 1 & 2 Label - use this field to enter the name of the Custom Client Compliance 1 or 2 document. The name entered here is used when the compliance record is added, in filters and in Audit logs.
	Client Compliance Type 1 & 2 - the options are based on the Client Compliance Types setting in Configuration. Your selection determines if the table in the transaction wizard's Compliance page includes the Custom Client Compliance 1 or 2 document line.

Custom Policy Transaction Compliance 1 & 2

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	Enable Custom Policy Transaction Compliance 1 & 2 - When Yes is selected, the following are activated: The Custom Policy Transaction Compliance 1 or 2 is recorded in the Compliance tab for the client profile, policy and policy transaction Standard users can view current Custom Policy Transaction Compliance 1 or 2 compliance records (update the PPG to enable permission to add compliance records) The Custom Client Compliance 1 or 2 line is added to the table in the transaction wizard's Compliance page
	Custom Policy Transaction Compliance 1 & 2 Label - use this field to enter the name of the Custom Policy Transaction Compliance 1 or 2 document. The name entered here is used when the compliance record is added, in filters and in Audit logs.
	Class of Risk Compliance Type 1 & 2 - the options are based on the Class of Risk Compliance Types setting in Configuration. Your selection determines if the table in the transaction wizard's Compliance page includes the Custom Policy Transaction Compliance 1 or 2 document line.

Mandatory Fields

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The checkboxes in this section correspond with fields found when adding or editing the enabled compliance records in the transaction wizard's Compliance page.

Selecting a checkbox here makes that field mandatory in the transaction wizard.