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Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.
text for CQS CPMS Policy:
CQS Policy: Redemption Statement Procedure - update
Purchase this policy: Dealing with Lenders Policy
Change Date : 11/05/2026 | Word Count: 310 | Deployment Measure : 7/10
Rationale:
Integrating these updates aligns your firm with CPMS 5.12, directly addressing failures highlighted by the Legal Ombudsman regarding incorrect fund distributions. Adopting this wording mitigates indemnity risks through mandatory 48-hour verification windows and rigorous evidence-based discharge monitoring.
**Requesting the Statement** To request a redemption statement, identify the lender’s preferred platform and log into the relevant system (Lender Exchange or LMS). If the lender does not utilize these
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