In this digital age it can feel like there is not only an individual pressure to keep up to date with tech but to also commercially stay ahead of the game with a fear of losing out to competitors. But the increased reliance on technology has its downsides. Cyber attacks continue to increase in quantity […]
As we come to the end of another year, it is appropriate to reflect on another great period for intermediaries. We have continued to deliver great support and service for UK consumers who are looking for a mortgage to support their desire to buy their house to build a home. Despite the irrational findings by […]
Following our recent guidance on dealing with requests from legal firms and CMCs,
Members may have seen an increase in requests received from legal firms or claims management companies in recent months.
With certain world leaders shifting societies backwards, it can at times feel like we have a bleak future ahead. I wonder if our regulator is moving the industry in a similarly ominous direction. When the FSA split to be come the FCA and PRA in 2013 we were promised that the new regulator would be […]
Over the last few years many people inadvertently bought houses with a leasehold tenure. Too many of these had escalation causes which severely impact the current and future value of the property. It is positive that government has made it clear to builders that this practice is unacceptable and that whilst it will take some […]
Culture in financial services has become a priority for both the PRA and FCA as well as government and select committees. It is recognised that culture is a key root cause of major conduct failings that have occurred within the industry in recent history. There is an expectation on firms to focus on fostering good […]
The FCA recently announced it will extend access to the ombudsman scheme (FOS) to include larger SMEs.
AMI has issued its latest Quarterly Economic Bulletin which is now available on our website.
For the last four years UK authorities have been working jointly with industry to pursue an alternative and more robust interest rate benchmark to LIBOR. Although it could be said to have a number of weaknesses, its manipulation resulting in £757m of fines was the final nail in its coffin, leading to it needing proper […]
