About FDRC
What is FDRC by GreenEDR
The Financial Dispute Resolution Commission, known henceforth as “FDRC,” was founded by seasoned finance professionals and legal experts with the primary objective of enhancing accountability and transparency within the financial services sector. Operating under the banner of “FDRC by GreenEDR,” it is administered by Green EDR Partners LLP. FDRC represents an impartial, third-party entity specializing exclusively in resolving disputes for financial institutions, which encompass asset management firms, private funds, CFD/forex brokerages, trust companies, registered banks, financial services providers, and payment services providers.
At its core, FDRC is committed to championing the fundamental tenets of trust, social responsibility, and superior service quality. It stands as an autonomous dispute resolution mechanism available to both consumers and financial service providers when conventional attempts to resolve disputes have proven futile. By incorporating the principles of ESG (Environmental, Social, and Governance) into the realm of External Dispute Resolution for the financial industry, FDRC is pioneering innovative concepts within the framework of our existing EDR services.
Why Choose FDRC: Your Trusted Partner for Ethical, Compliant, and Sustainable Finance
FDRC, the Financial Dispute Resolution Commission, is where ethical and reputable financial institutions converge. These institutions uphold the highest standards of conduct, demonstrating to their clients that long-term success in the market hinges on both compliance and competitiveness.
When your company aligns with FDRC, you send a powerful message: a steadfast commitment to maintaining compliance and ethical practices, irrespective of your licensing or geographic location. This collective effort culminates in a financial landscape that is not only leaner and more transparent but also unequivocally honest.
ESG-Focused Financial EDR Services: FDRC places a strong emphasis on Environmental, Social, and Governance (ESG) principles within External Dispute Resolution (EDR). Our groundbreaking initiative, “GreenEDR” extends beyond dispute resolution. We proudly offer External ESG reporting services and a membership public register available for discerning financial entities looking to subscribe.
Seamless Cross-Selling: By becoming part of FDRC, you unlock a world of opportunities for seamless cross-selling. Join our community of like-minded financial institutions and explore the synergies that arise from collaboration.
The FDRC Membership Registrations for Financial Service Providers: Financial Service Providers (FSPs) dispensing services and counsel to the public are required to be Quoted on the Financial Service Providers Register, managed by the Companies Office Department. Membership in an external dispute resolution scheme is a fundamental prerequisite for the FDRC registration process.
It’s important to note that a select group of financial service and advisory providers may be exempted from joining a dispute resolution scheme.
- Financial Service Providers exclusively serving wholesale clients.
- Financial intermediaries associated with a registered FSP.
- Financial intermediaries designated as nominated representatives of a Qualifying Financial Services Entity (QFSE).
- Read more: https://fdrc.org.uk/firms/membership-types-fees/
At FDRC, we employ a comprehensive spectrum of dispute resolution methods, ranging from amicable discussions to structured conciliation processes. In cases where disputing parties cannot arrive at a mutual agreement, FDRC will render a final decision. Should both parties involved in the complaint accept the decision, it becomes legally binding on the organization. Partner with FDRC, where integrity, compliance, and ethical finance thrive.
Revealing the Dynamo: The Force Driving FDRC
Deep within the heart of the financial realm, a concealed empire of influence thrives. An empire veiled in obscurity and modesty, yet teeming with an irresistible magnetism. Within this covert dominion, LYVC Group, the driving force propelling FDRC by GreenEDR, masterminds an opulent opus of financial expertise and ethical duty.
At its essence, FDRC, operating under the banner of GreenEDR, provides more than a mere peek behind the curtain. It extends an exclusive invitation, an unveiling of ESG services within the External Dispute Resolution Sector for the financial industry, serving as a haven for those eager to embrace the journey of ethical finance. By joining the esteemed ranks of FDRC, you open the door to a realm that surpasses the ordinary, a realm where financial integrity and sustainability hold unchallenged sway..
Join us in the pursuit of a financial world unburdened by opacity, where ethical conduct and compliance are the pillars of strength. Step beyond the threshold, and uncover the mysteries that lie in wait, as you embrace the ethos of FDRC by GreenEDR.
Your journey into the heart of responsible finance begins here.
Read More: https://fdrc.org.uk/firms/scheme-member-responsibilities/