FCA clarification – Professional Indemnity Insurance (PII)
Does your firm have ARs? The FCA has clarified that Principals need adequate PII which includes cover for the activities of their current and former ARs…
FCA to send a financial resilience survey to firms
A number of mortgage intermediary firms will receive an FCA financial resilience survey during October…
Proposed cold calling ban for financial products and services – what is the likely impact on our sector?
HM Treasury (HMT) has issued a consultation to ban cold calling for consumer financial products and services – read AMI’s view in our monthly blog…
Your August update from AMI Chief Executive Robert Sinclair
AMI Chief Executive Robert Sinclair on procuration fees, broker fees, the role of AMI, the broker/lender relationship and more…
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…
