June 17 – Cyber Security
Recent global attacks, a regulatory focus on cyber risk and new data protection legislation mean now is as important a time as ever for firms to review their cyber security strategy.
June 17 – Digital innovation through the lens of technology
Innovation in the mortgage market has been a key focus in the past 12 months with emerging firms issuing glossy PR and the FCA opening up its regulatory sandbox for risk free advice. In addition it is clear that the Mortgage Competition Review will look to see if digital can deliver better informed consumers. There has […]
June 17 – Cyber risks
The global spread of the WannaCry ransomware last month should be a wake-up call for businesses to review their cyber security infrastructure, as no sector or type of firm is immune from attacks. This is particularly relevant considering the implementation of the General Data Protection Regulation next May which requires firms to understand how they […]
June 17 – The rising tide of consumer credit
Following various high profile warnings over rising consumer debt, the Financial Conduct Authority has said it will review the sector. This covers credit cards, personal and unsecured loans and car finance, the latter of which has ballooned in recent years with the popularity of personal contract plans. Latest figures from the Bank of England show […]
June 17 – Consumer Credit Authorisation – Debt Management Limitation (update)
In April we issued a newsflash following the recent FCA changes around the debt activity permissions.
May 17 – Shifting Markets
Speculation over the stability of the UK economy, following Brexit and the decision to call a General Election, is rife.
May 17 – Wider conversations with customers
There have been a number of recent changes in the market that impact the wider conversations that advisers have with customers and AMI has been providing guidance to members. This includes the recent introduction of the Lifetime ISA (LISA) and how it interacts with other savings products. The LISA is a more complex product than […]
May 17 – Consumer Credit Authorisation – Debt Management Limitation (update)
Last month we issued a newsflash following the recent FCA changes around the debt activity permissions.
May 17 – General Data Protection Regulation
The EU General Data Protection Regulation (GDPR) will come into effect on 25 May 2018.
April 17 – Should Seconds be First?
The Association of Finance Brokers (AFB), the trade body for second charge mortgage brokers, have an election open from 18 April to 5 May to elect their representative to the AMI Board. With four experienced candidates, the membership is spoilt for choice. The challenge facing the individual elected will be how they use the opportunity […]
April 17 – General Data Protection Regulation
Firms should be starting to review how they will comply with the EU General Data Protection Regulation (GDPR), which comes into force next year. While the new legislation is generally an extension of the existing data protection provisions, it adds explicit requirements and introduces new obligations, such as the accountability principle where firms will have […]
April 17 – Consumer Credit Authorisation – Debt Management Limitation
Firms may have received a communication from the FCA recently regarding the changes they are making to permissions around debt activity (debt adjusting or debt counselling).
