Please note that all Croner-i policies are templates and should be amended to fit your requirements.

Policy Statement

This policy sets out the values, principles and procedures underpinning the care home’s approach to all aspects of the handling of service users’ money and finances, including where it needs to investigate and deal with suspected financial irregularities and possible abuse.

The policy has been developed to ensure that the home complies with its safeguarding responsibilities under the Regulated Services (Service Providers and Responsible Individuals) (Wales) Regulations 2017 (see Regulation 28: Supporting Individuals to Manage Their Money) and the Social Services and Well-being (Wales) Act 2014.

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