TCF Flashcards

1
Q

Acronym

A

FABRICS

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2
Q

F

A

Financial capabilities and needs of consumers identified and understood

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3
Q

A

A

Advertising marketing and disclosures - clear fair and not misleading

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4
Q

B

A

Balance between increasing sales and not exposing customers to inappropriate risks

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5
Q

R

A

Risks measured, monitored, controlled and reviewed

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6
Q

I

A

Information for management - timely effective and relevant

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7
Q

C

A

Control functions (appropriate) put in place

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8
Q

S

A

Stress test possible risks

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