Jul 20 – The Directory

BY IN Newsflash On 20th July 2020

Following the introduction, in December 2019, of the Senior Managers & Certification Regime (SM&CR) to intermediary firms, the FCA register will continue but will contain fewer individuals.  [...]

3 months ago / Comments Off on Jul 20 – The Directory

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JUL

No

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Jul 20 – The cheapest rule

BY IN Newsflash On 16th July 2020

Firms are reminded that the FCA rules MCOB 4.4A.1R(1A) and MCOB 4.7A.23AR, included in the policy statement on mortgage advice and selling standards, will apply to all firms from 31st July. [...]

4 months ago / Comments Off on Jul 20 – The cheapest rule

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JUL

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Jul 20 – FCA call for intermediary help

BY IN Newsflash On 15th July 2020

The FCA has issued a call for mortgage intermediary firms that are willing to help those who consider themselves as mortgage prisoners consider their remortgage options. [...]

4 months ago / Comments Off on Jul 20 – FCA call for intermediary help

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JUL

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Jul 20 – Equity released, but not from FCA criticism

BY IN Article On 13th July 2020

The FCA has published findings from its 2019 exploratory work into later life lending.  These focus on the equity release sales and advice process, following a review of advice files from 13 of the largest and most experienced firms in [...]

4 months ago / Comments Off on Jul 20 – Equity released, but not from FCA criticism

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JUL

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Jul 20 – Criteria says No

BY IN Article On 13th July 2020

When Rishi Sunak bounced the banks into mass payment deferral programmes, he also indicated that this would not impact a consumer’s credit score.  By the time Gov.uk set out their views in May on help with mortgages they stated that [...]

4 months ago / Comments Off on Jul 20 – Criteria says No

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JUL

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Jul 20 – Updates to AMI Q&A: Covid-19

BY IN Newsflash On 7th July 2020

As a trade association, AMI has received various questions relating to Covid-19. [...]

4 months ago / Comments Off on Jul 20 – Updates to AMI Q&A: Covid-19

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JUL

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Jul 20 – Regulated fees and levies 2020/21

BY IN Newsflash On 6th July 2020

The FCA yesterday published its policy statement and ‘made rules’ for regulated fees and levies 2020/21. Whilst the FCA fees remain broadly level for mortgage intermediaries, [...]

4 months ago / Comments Off on Jul 20 – Regulated fees and levies 2020/21

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JUL

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