Bank of Cyprus UK Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and PI insurers such as AmTrust. It is a unique risk mitigation tool.

This software assists the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on Bank of Cyprus UK’s changes. Even though utilising the tool is not a condition for being on the Bank of Cyprus UK panel, demonstrating you can remain up to date with Bank of Cyprus UK’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your firm’s panel standing.

COMPLETIONmonitor creates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, results in a PII saving.

Book a Bank of Cyprus UK Panel Compliance Demo

Lenders often vary their requirements. The UK Finance Lenders’ Handbook requirements from Bank of Cyprus UK are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes

Since 2008, Bank of Cyprus UK has made 130 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 21.0 days. In total, 39% of the sections of P2 of the UK Finance Lenders’ Handbook for Bank of Cyprus UK have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
5.14.9 02/08/2017 CML
16.1.1 07/03/2017 CML
4.3 07/03/2017 CML
5.5.4 07/03/2017 CML Restrictive Covenant Indemnity Insurance
7.4 07/03/2017 CML
10.3 06/03/2017 CML
16.5.2 06/03/2017 CML
16.5.3a 06/03/2017 CML
6.10.2 06/03/2017 CML
6.2.1 06/03/2017 CML

Last update 17/11/2018