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This consultation paper seeks public comments on the regulatory framework for complaint handling and grievance redressal for entities regulated by the IFSCA. The objective is to protect the interests of financial consumers and to develop efficient mechanisms based on global best practices.
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Begin with the title of the consultation paper at the top.
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Clearly define the purpose and scope of the consultation.
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Outline the questions or topics that need feedback.
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Provide background information and context to assist respondents.
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Clearly articulate the objectives of the consultation.
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Include a timeline for submission of responses.
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Specify how responses will be used and whether they will be public.
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Include contact information for further inquiries.

Who needs consultation paper?

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Government agencies seeking public input on policies.
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Organizations conducting research that requires stakeholder feedback.
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Companies planning changes that may impact their customers.
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Non-profit organizations looking for community input on programs.
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Academic institutions gathering data for studies.
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A consultation paper is a document that outlines proposed policies, guidelines, or changes in regulations, and is intended for public discussion and feedback before final decisions are made.
Typically, organizations, government agencies, and regulators that propose significant policy changes or new regulations are required to file a consultation paper.
To fill out a consultation paper, stakeholders should provide clear and detailed responses to specific questions posed in the document, offer supporting evidence or data, and submit any additional comments or suggestions for improvement.
The purpose of a consultation paper is to gather input from stakeholders and the public to inform decision-making processes and ensure that diverse perspectives are considered.
The information that must be reported typically includes the background of the issue, the proposed changes, questions for feedback, and any relevant data or studies that support the proposals.
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