CTSI Code Annual Report 2021

Page 6

ANNUAL REPORT 2021

CO H I VALUES SRTEO RV YA LAUNEDS P U R P O S E O F T H E S C H E M E CORE FOREWORD The idea of consumer codes was first mentioned in the Fair Trading Act 1973, but the scheme was not introduced until 2001 by the Office of Fair Trading. In 2012, the government asked CTSI to develop a successor to the OFT’s scheme as a part of the ‘consumer landscape review’. From April 2013, the management of CCAS transferred to a new Consumer Codes Approval Board supported by CTSI.

Code sponsor A code sponsor is the organisation, firm or entity that administers and promotes a voluntary code of practice (as opposed to statutory codes) and can influence and raise standards within its membership. It must be a distinct entity from its membership. Code member A code member is any member of a code sponsor. It is a requirement for the CCAS that all eligible members of a code sponsor’s organisation sign up to the code.

CCAS is facilitated self-regulation. It aims to

CCAS is voluntary. A code sponsor must elect

promote consumer interests by setting out

to submit its code of practice for approval and

the principles of effective customer service

membership of the code sponsor must be

and protection. It goes above and beyond

voluntary.

consumer law obligations and sets a higher standard, giving consumers a clear indication

Consumer Codes Approval Board

- through the right to display the CTSI

The board is responsible for determining

Approved Code logo - that code members can

all matters relating to the approval of codes

be trusted. CCAS aims to reduce consumer

of practice and discharging its fiduciary

detriment and codes will only be approved

responsibilities for the company; it consists of

if they can clearly demonstrate that they are

up to seven members.

contributing to this objective. Codes approval is a rigorous and intensive process for code

Code Sponsors Panel

sponsors.

The panel is made up of a representative from a selection of code sponsors. The role

The CCAS is committed to promoting codes

of the panel is to support the aims of the

of practice that meet our core criteria and have

Consumer Codes Approval Scheme itself and

obtained CCAS approval.

help reduce consumer detriment and raise consumer standards within their sectors.

6 6 CONSUMER CODESAPPROVAL APPROVAL SCHEME CONSUMER CODES SCHEME


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