Text for CQS CPMS Policy
CQS Policy: Formalities When Reporting to Lenders (Update)
Purchase this policy: Dealing with Lenders Policy
- Change date
- 12/10/2026
- Word count
- 287
- Deployment measure
- 7/10
Rationale
The revised wording strengthens lender reporting, including explaining legal risks and recommendations and using designated portals. It also clarifies record keeping and the need for written lender approval before proceeding where required.
Fee earners shall report matters requiring the lender’s consideration promptly and through the communication channel prescribed by the lender. The relevant contact details and reporting requirements shall be checked against
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