Consumer Duty – the next phase

As the 31 October 2022 deadline has passed, the FCA expect firms to have completed and documented their implementation plans for Consumer Duty…
Be prepared for the FRN system change – update

We can confirm the FCA is likely to move to a seven digit FRN for newly registered firms at some point during Q2 2023…
Important Consumer Duty update for members

This update provides members with a summary of the current position on the work of the cross-sector working group…
Spiral upwards or down?

As we spiral into our third Prime Minister this year, avoiding a return of Lazarus proportions, the mortgage industry is caught in the crossfire…
AMI launches third protection viewpoint – The Great Protection Shift
This morning (3 November) AMI and sponsors Royal London and L&G launched the third AMI Viewpoint on the UK protection market ‘The Great Protection Shift’…
Chief Executive update – Lots happening at AMI to help keep you and your business on track
AMI Chief Executive Robert Sinclair shares his thoughts on the current issues facing the mortgage industry, AMI achievements and exciting developments to help you and your business…
GI and Protection fair value

Back in August, mortgage intermediary firms distributing protection and/or GI products should have received two letters from the FCA outlining the regulator’s findings and its expectations of firms in relation to fair vale requirements…
Risks to employers of allowing remote workers to work abroad

Following the increase in remote working arrangements spurred on by the pandemic, some employers have been met with requests from UK-based staff to permit them to move abroad and continue their employment in the UK…
ICO Guidance

ICO has published a blog on Subject Access Requests, along with guidance for firms carrying out direct marketing using live calls…
Government reverses decision to repeal payroll working reforms (IR35)

Originally announced as part of the mini-budget, government made a ‘U-turn’ and Chancellor Jeremy Hunt recently confirmed the planned changes to IR35 will not be going ahead…