Value Leakage
Loss of transaction value through matters such as client or adviser attrition, costs or delay.

Value Realisation Plan
A roadmap for achieving anticipated integration and transaction benefits. 

Variation of Permission (VoP)
An application to add, change or remove regulated activities or requirements from a firm’s permissions.

Vendor Due Diligence (VDD)

Due diligence commissioned by the seller and made available to bidders.

Vulnerable Customer
A customer particularly susceptible to harm because of personal circumstances.