DMP Suitability Assessment CONC 8 Scams.
DMP Suitability Assessment (CONC 8) Scams. Regulatory Definition for DMPScams.com A Suitability Assessment is the FCA requirement under CONC 8 that forces debt advisers, DMP providers, and debt packagers to check whether the solution they are recommending is actually suitable for the customer’s real financial situation. This applies to DMPs, IVAs, consolidation loans, and any…