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…
Complaints against the regulators – updated complaints scheme
The FCA has published a Policy Statement confirming changes to its Complaints Scheme. This is a scheme for handling complaints against the Regulators…
Recent updates relating to the AR regime
Principal firms with ARs may find of interest a new FCA page on how to report AR data, and a recent UK court case involving a principal firm and AR…
Your July update from AMI Chief Executive Robert Sinclair
AMI Chief Executive Robert Sinclair on Consumer Duty, mental health, broker/lender relationships and the new mortgage charter…
FCA Financial Lives survey
The FCA has recently released findings from its May 2022 Financial Lives survey. Carried out every two years, it provides nationally representative data…
