Background
Delta Asia Capital have a fiduciary duty to customers and complaints are taken very seriously. This policy details key steps that are taken regarding any such complaints.
Definitions
A customer complaint is a request by a customer for corrective action or any written statement of a customer or person representing a customer alleging a grievance related to the management of the Delta Asia Capital or client’s account.
Policy
It is Delta Asia Capital policy to monitor, review and promptly address all customer related complaints and concerns.
Procedure
The Delta Asia Capital customer relationship officers are responsible for identifying customer complaints in accordance with the foregoing definition. Upon identification, the relationship officer is responsible for forwarding the information detailed below to the Managing Director of Customer Service and/or the Director of Customer Service International who will share the information with the Chief Compliance Officer and guide the conflict resolution process. The Managing Director of Customer Service International and/or the Director of Customer Service International will notify other members of Senior Management as appropriate and maintain a written record of the customer complaint in a customer complaint log.
The customer complaint log should contain the following information:
Complaint details, circumstances and background;
Notations regarding correspondence to/from the customer per the complaint;
Escalation of the issue to senior management and others, as warranted; and
Resolution of the complaint or actions taken to address the concerns.
Delta Asia Capital Chief Compliance Officer (CCO) will determine if customer complaints should be further communicated to Delta Asia Capital Ethics Office. Customer complaint information will be addressed with Delta Asia Capital Board of Directors on a bi-annual basis through the Key Risk Indicator reporting mechanism, unless more frequent communication is determined to be appropriate by the Chief Compliance Officer.
On a monthly basis, the Delta Asia Capital Compliance Department will contact the Managing Director of Customer Service International and the Director of Customer Service International to determine if there have been any customer correspondence that may be deemed a complaint and that the concerns have been brought to the attention of the appropriate personnel within the firm, in accordance with this Customer Complaint Policy.
Customer complaint documentation will be retained in accordance with Delta Asia Capital Record Retention Policy (RRP).
Contact Information
For International customer complaint handling, please contact:
Email: complaints@delta-asiacapital.com