Документ взят из кэша поисковой машины. Адрес оригинального документа : http://star.arm.ac.uk/~jgd/outgoing/Armagh_CU/PDF/SCV.pdf Дата изменения: Fri Dec 18 12:10:56 2015 Дата индексирования: Sun Apr 10 11:21:26 2016 Кодировка: Поисковые слова: http astrokuban.info astrokuban

Armagh Credit Union

SINGLE CUSTOMER VIEW FILE
This policy was adopted by the Board of Directors of Armagh Credit Union Limited.

Signed:Position Position ________________ ________________

Date:

Armagh Credit Union is authorized and regulated by the Financial Conduct Authority and Prudential Regulation Authority Registration Number 573925: Version Dec2015


Armagh Credit Union

1. Purpose and Objectives of Policy
Armagh Credit Union Limited ("the credit union") aims to provide a first class service to their members at all times that is compliant with credit union policies, procedures and all legal and regulatory requirements and guidance that apply to credit unions. The purpose of this document is to outline the Single Customer View reporting requirements of the credit union. It also outlines how these requirements will be implemented, monitored and reported. We must be able to submit the SCV file plus the attached effectiveness report with 24 hrs.

2. Definition of Single Customer View (SCV)
Credit unions have to be able to provide specific information to the Financial Services Compensation Scheme (FSCS) about the accounts of each of their depositors who are eligible to bring a claim for compensation. Credit unions must provide that information within 72 hours of the FSCS requesting it. The specific information required is referred to in The Handbooks (PRA and FCA (Compensation Sourcebook-COMP)) as a Single Customer View (SCV). A SCV is a single and consistent view of all aggregate customers' deposits for each eligible claimant. All credit unions must be able to produce a SCV by pulling together information on that depositor 's deposits under a unique identifier.

3. Overall Responsibility for SCV
The board of directors has ultimate responsibility for the credit union's SCV responsibilities. This is implemented on a day-to-day basis by the manager and/or compliance function of the credit union.

4. Responsibilities of the Board of Directors
Ensuring compliance with SCV reporting obligations imposed on the credit union by The Handbooks Approving, reviewing and updating at least annually the SCV Policy

Armagh Credit Union is authorized and regulated by the Financial Conduct Authority and Prudential Regulation Authority Registration Number 573925: Version Dec2015


Armagh Credit Union

5. Responsibilities of the Manager
The manager is responsible for the day-to-day management of the credit union's operations, the dayto-day compliance and performance including SCV requirements.

6. Responsibilities of the Compliance Function
As the credit union operates 5,000 or more accounts held by eligible claimants the compliance function must ensure that the credit union is able to provide the SCV information electronically in a format that is easily transferable to, and compatible with, the FSCS's system.

7. Information in each SCV
The credit union ensures that each SCV at a minimum includes the information listed in the table below (This table belongs to COMP 17.2.4 R).
Field identifier Customer details Single customer view record number Title Customer 1st Forename Customer 2nd Forename Customer 3rd Forename Customer Surname [or company name or name of account holder] Previous Name National Insurance number Contact details EITHER Format A Single customer view record Unique customer identifier number House number House number/Premise name Street Street Locality Locality [where held by the firm] County County [where held by the firm] Postcode Postcode [where used by a country] Country Country [for countries outside the UK] OR Format B Single customer view record Unique customer identifier number ADDRESS LINE 1 As required ADDRESS LINE 2 As required
Armagh Credit Union is authorized and regulated by the Financial Conduct Authority and Prudential Regulation Authority Registration Number 573925: Version Dec2015

Field descriptor Unique customer identifier Title [if applicable and where held by the firm] 1st Forename [if applicable] 2nd Forename [if applicable and where held by the firm] 3rd Forename [if applicable and where held by the firm] Surname [or company name or name of account holder] Any former name of account holder [where held by the firm] National Insurance number, where held by the firm


Armagh Credit Union
Field identifier ADDRESS LINE 3 ADDRESS LINE 4 ADDRESS LINE 5 ADDRESS LINE 6 Postcode Country Details of account(s) Single customer view record Unique customer identifier number Account title Surname, first name, any other initials or middle name identifier or company name or name of account holder Account number Unique number for this account Product type Type of product or service - instant access/term Account holder indicator This field applies to joint or multiple accounts. It must identify whether the customer is the primary account holder or secondary account holder (or other such status). Account status code Active accounts only to be included Account balance At end of business on date of request from FSCS Aggregate balance Single customer view record Unique customer identifier number Aggregate balance across all At end of business on date of request from FSCS accounts Compensatable amount At end of business on date of request from FSCS subject to the limit check that must be performed could be lower than the aggregate balance across payment for a protected deposit set out in COMP Field descriptor As required As required As required As required Postcode [where used by a country] Country [for countries outside the UK]

which shows the amount to be compensated by the firm pursuant to COMP 17.2.5 R (this all accounts if this exceeds the maximum 10.2.3 R).

The credit union ensures that where an eligible claimant holds more than one account, the section of the single customer view which sets out `Details of account(s)' is replicated for each account held.

8. Credit unions subject to the electronic SCV requirements
The credit union ensures that the verification requirements in the table below have been adhered to. What When Content Implementation Within 3 A description of the deposit taker 's SCV report months of system and how it has been implemented. receiving How the deposit taker proposes to transfer permission to to the FSCS a single customer view for accept each eligible claimant, including the deposits transfer method and format of the SCV file. The testing undertaken of the deposit taker 's SCV system. The accuracy rate of the information in the deposit taker 's SCV system.
Armagh Credit Union is authorized and regulated by the Financial Conduct Authority and Prudential Regulation Authority Registration Number 573925: Version Dec2015


Armagh Credit Union

SCV Report

Within 3 months of receiving permission to accept deposits

FSCS data submission

Within 3 months of

The number of single customer views in the deposit taker 's SCV system. The deposit taker 's plan for the ongoing maintenance of the SCV system. How the deposit taker 's board of directors will ensure they remain satisfied that the SCV system continues to satisfy the requirements. An explanation of any code or keys used internally by the deposit taker, so that the FSCS can easily identify which accounts are held by eligible claimants and which accounts are held on behalf of beneficiaries who are ­ or may be ­ eligible claimants. How the limit check is applied by the deposit taker. Any other factors relevant to the design of the deposit taker 's SCV system or to an assessment of whether the deposit taker 's SCV system satisfies the PRA's and FCA's SCV requirements. A statement signed on behalf of the relevant deposit taker 's board of directors confirming that the SCV system satisfies the requirements. The date when the deposit taker 's SCV system last produced a single customer view for each of the deposit taker 's customers that are eligible claimants. The date when the deposit taker 's SCV system last produced sample single customer views and the sample size. The number of single customer views in the deposit taker 's SCV system. A statement of whether the deposit taker 's SCV has been reviewed by external auditors and, if so, the findings of that review. A statement of whether there has been a material change to the deposit taker 's SCV system since the previous SCV report. You must give a sample of 10,000 SCV records or 10% of total SCV records to the FSCS. The

Armagh Credit Union is authorized and regulated by the Financial Conduct Authority and Prudential Regulation Authority Registration Number 573925: Version Dec2015


Armagh Credit Union

receiving permission to accept deposits

representative sample should include all types of accounts and customers across any brands of each authorised deposit taker.

9. FSCS Disclosure Requirements
The credit union ensures it adheres to the Disclosure Requirements by: Informing members of the FSCS coverage at least annually Placing a poster on its premises in a prominent location to inform members of coverage under the FSCS Placing a window sticker in the front window of the credit union to inform members of coverage under the FSCS Placing cashier or teller stickers at each teller point to inform members of coverage under the FSCS Placing a sticker on any credit union laptop taken off site for business to inform members of coverage under the FSCS Holding leaflets detailing the FSCS Ensuring the credit union website has a web banner promoting coverage under the FSCS with a link to the FSCS website Ensuring the regulator displayed message is also disclosed at the bottom of the credit union website Including a statement detailing members protection in its AGM notice or on the account statement if this issued with the AGM notice Including the statement in any account statement issued

10. SCV Report
The credit union provides the PRA with an SCV report every four years from the date of receiving permission to accept deposits (COMP 17.3.4 R) and supplies the PRA with an SCV report at any time upon request as part of the PRA's ongoing supervision of the credit union .

Armagh Credit Union is authorized and regulated by the Financial Conduct Authority and Prudential Regulation Authority Registration Number 573925: Version Dec2015


Armagh Credit Union

Armagh Credit Union will produce a Single Customer View (SCV) file on a monthly basis to comply with FCA/PRA requirements. The file should be accurate and up-to date. Every month a copy of the SCV Scheme Data Extract will be produced at the Board Meeting so that the Directors are made aware of any gaps in information.

11. Dormant Accounts
After two years of inactivity on an account a "dormant Flag" is set on the account. This flag can only be lifted by the manager/assistant manager. The dormant member 's identity and signature are checked against their membership application before any transaction is permitted. The system automatically prepares a report of any activity on a dormant account.

12. Politically Exposed Persons
The Board of Directors has reviewed our membership policy and are confident that the limited extent of the Common Bond coupled with the identity and Anti Money Laundering checks completed at membership application stage would significantly reduce Armagh Credit Union's exposure to politically exposed persons. The sanctions list is downloaded and checked at least monthly against our membership to ensure that there are no known terrorists registered as members of Armagh Credit Union.

13. Procedure to Generate a SCV at Month End
Log on to PC13 or PC15 Highlight SCV icon on main screen A new screen will pop up showing live screen Press enter to accept The screen below will appear Hit Process button When the file is processing, a screen will appear showing the number of members and the
Armagh Credit Union is authorized and regulated by the Financial Conduct Authority and Prudential Regulation Authority Registration Number 573925: Version Dec2015


Armagh Credit Union

values processed Check the values processed against the shareholding (including juveniles) Take a screen-snap

14. Procedure to View SCV File Report
Open folder SCV300915 Check that the last record relates to the last member joined in the month Check that accounts closed during the month are not included

15. SCV Policy Review
The SCV policy will be reviewed and approved by the board of directors on an annual basis. In reviewing the SCV policy, the board of directors will take account of any material changes to the SCV system (e.g. such changes may occur upon the introduction of a new IT system that relates to the SCV system) and if any such changes occur will submit the implementation report and sample SCV data to the FSCS within three months.

Armagh Credit Union is authorized and regulated by the Financial Conduct Authority and Prudential Regulation Authority Registration Number 573925: Version Dec2015