Financial Services Supplier Qualification System (FSQS)
Bank of Ireland is committed to responsible business practices that meet our regulatory requirements whilst ensuring that we are positive company for suppliers to do business with.
To support this commitment, the Bank uses the Financial Supplier Qualification System (FSQS).
In the past suppliers to the Group may have been required to complete a number of compliance and assurance data requests in order to work with Bank of Ireland. The new standardised approach, which used by an increasing number of other leading financial services companies, is designed to streamline and manage the collection of compliance and assurance data from our suppliers. It will ensure that this data is kept up to date, and that there is one simple and streamlined process for suppliers to follow.
FSQS provides a standardised process for the collection and management of supplier compliance and assurance information and provides an efficient means for suppliers to provide your qualification information once for all organisations in FSQS rather that separately to individual organisations.
A copy of the Financial Supplier Qualification System (FSQS) brochure can be found here.