• Redress

    • BC-2.5.3

      Licensees should decide and communicate how they propose (if at all) to provide the customer with redress. Where appropriate, the licensee must explain the options open to the customer and the procedures necessary to obtain the redress.

      January 2014

    • BC-2.5.4

      Where a licensee decides that redress in the form of compensation is appropriate, the licensee must provide the complainant with fair compensation and must comply with any offer of compensation made by it which the complainant accepts.

      January 2014

    • BC-2.5.5

      Where a licensee decides that redress in a form other than compensation is appropriate, it must provide the redress as soon as practicable.

      January 2014

    • BC-2.5.6

      Should the customer that filed a complaint not be satisfied with the response received as per Paragraph BC-2.5.2, he can forward the complaint to the Consumer Protection Unit at the CBB within 30 calendar days from the date of receiving the letter.

      Amended: April 2020
      Added: January 2014