VERMEG recertified Financial Supplier Qualification System (FSQS)
We are proud to announce that VERMEG have met again all requirements in becoming fully registered within the Financial Supplier Qualification System (FSQS), a standard used by major banks and financial organizations when selecting suppliers.
This award not only demonstrates that VERMEG follow a successful audit process but also reflects on our capability within the finance industry as a responsible lender.
What is the FSQS?
FSQS is an accreditation that provides a standard for gathering and managing supplier compliance assurance information across the financial sector.
The system is supported by leading financial organizations within the sector, and requires suppliers to be reviewed against FSQS requirements in key areas including :
- Information Security,
- Health and safety,
- Business continuity,
- Financial insurance, and much more.
Having the accreditation demonstrate compliance in a standardized way that is easily understood, and also makes processes simpler and quicker as we can gather the information once and reuse again. This saves resource, and ensures that the evidencing part of any process is straightforward, rather than a delayer or a blocker.