AMI Chief Executive Robert Sinclair gives his November update, including AMI’s Protection Viewpoint, market conditions and future challenges for advisers…
AMI Chief Executive Robert Sinclair gives his November update, including AMI’s Protection Viewpoint, market conditions and future challenges for advisers…
AMI’s 2023 Protection Viewpoint report ‘The Perception Gap’ is packed full of findings and insight aimed at mortgage intermediaries…
Key Consumer Duty developments and recent communications issued by both AMI and the FCA, with commentary on implications for mortgage intermediary firms…
Having heard back from the FCA, we have updated AMI’s Q&A documenton the AR regime. We also wanted to remind firms of the upcoming 30 November 2023 deadline…
Firms that approve financial promotions for unauthorised persons have until 6th February 2024 to apply for approver permission from the FCA…
The FSCS has released an update on its levy and compensation figures for 2023/24, as well as anticipated levy figures for 2024/25…
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The ICO’s message comes after the ICO issued a £4.4m fine to a Berkshire based construction company, after an employee forwarded a phishing email (that was not quarantined or blocked by the IT system) to another employee who opened it and downloaded its content, resulting in installation of malware onto the employee’s workstation.
Whilst the firm’s anti-virus software quarantined the malware and sent an alert, the firm failed to thoroughly investigate the suspicious activity meaning the attacker still had access to the company’s systems. As a result, personal data of up to 113,000 individuals was encrypted by the hacker.
Lessons learned from this case include:
The increase in the cost of living is likely to result in an increase in phishing attempts, so firms and advisers should remain vigilant. Click here to read the National Cyber Security Centre guidance on how to defend your organisation against phishing attacks.
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AMI is the trading name of The Association of Mortgage Intermediaries Limited which is a company limited by guarantee, registered in England and Wales under the Companies Acts with number 7982341. Our registered address is Celixir House, Stratford Business & Technology Park, Innovation Way, Banbury Road, Stratford-upon-Avon, Warwickshire, CV37 7GZ.
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Please note that we are a trade body and, as such, we do not provide mortgage advice to individuals. If you require mortgage advice, please contact an FCA certified mortgage broker who will be able to discuss your needs and advise you fully of your options.
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