FOS Letter
The FOS has issued a letter to financial services firms, legal firms and Claims Management Companies regarding its expectations…
Interest-only research
The FCA has published research showing that outstanding interest-only mortgages have fallen by half since 2015, to below 1 million…
Consumer Duty monthly blog – August 2023
In this month’s AMI Consumer Duty blog we talk about what comes next, and what firms need to consider, now that the July 31st deadline has passed…
Helping introduce the concept of protection to mortgage customers
Aviva recently launched a video designed for mortgage advisers to use with their mortgage customers when introducing the concept of protection…
Mortgage Charter – update
AMI recently met with HM Treasury to share our views on the Mortgage Charter. This included the role of the mortgage broker, which we felt was absent…
Form A
FCA plans to begin rolling out the new and improved Form A (application to perform senior management functions) for public testing from end of September…
Restructuring of minimum FCA fees for the A and consumer credit fee-blocks
Should the Illegal Money Lending Levy appear on firms’ invoices? The FCA is phasing the merging of CC2 minimum fees into fee-block A.0…
AMI view on Mortgage Charter expectations for broker firms
AMI recently engaged with the FCA to gain a better understanding of how broker firms should act in response to the government’s Mortgage Charter…
The new mortgage order – beginners guide to lending
An article by Robert Sinclair, AMI Chief Executive, published in Moneyfacts July 2023 – a discussion on the new world of lending…
Industry launches a new free mentoring scheme
AMI, in conjunction with IMLA and the Diversity and Inclusion Finance Forum (DIFF), have launched a new, free, cross industry mentoring scheme…
