From Afterthought to Strategic Approach: Managing Ancillary Product Refunds
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Regulatory pressures surrounding refunds for canceled ancillary products are intensifying. Evolving state and federal regulations, combined with the rise of class action lawsuits, are increasing the risks and responsibilities for financial institutions. To navigate this landscape, it is crucial for institutions to adopt a proactive and strategic approach to ensure compliance while optimizing refund management processes.
This eBook covers:
- Key triggers for ancillary product refunds
- The evolving regulatory landscape and its impact on financial institutions
- UDAAP’s role in shaping refund processes
- Why GAP refunds are under heightened scrutiny
- Practical strategies for navigating refund complexities
Download "From Afterthought to Strategic Approach: Managing Ancillary Product Refunds" and stay ahead of regulatory challenges.