Archive by Category: EU Mortgage Credit Directive

Online dispute resolution: action for firms

BY IN EU Mortgage Credit Directive, Newsflash On 5th February 2016

From 15 February 2016 new legislation will introduce a European online dispute resolution (ODR) platform which will allow consumers, traders and alternative dispute resolution providers (in financial services this is FOS) to file, respond to, and handle disputes online. [...]

1 year ago / Comments Off on Online dispute resolution: action for firms

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Mortgage Credit Directive: Bridging Loans

BY IN EU Mortgage Credit Directive, Newsflash On 4th February 2016

The new rules mean many bridging loans will be exempt from the provisions of the Directive, therefore they will be regulated outside of the Directive (i.e. under the current MCOB rules introduced following MMR) or unregulated altogether.    [...]

1 year ago / Comments Off on Mortgage Credit Directive: Bridging Loans

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The Mortgage Credit Directive: changes for all brokers

BY IN EU Mortgage Credit Directive, Newsflash On 27th May 2015

The FCA will be implementing new rules for brokers and lenders in both first and second charge markets from 21 March 2016, as a result of the Mortgage Credit Directive. [...]

2 years ago / Comments Off on The Mortgage Credit Directive: changes for all brokers

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FCA’s implementation of the EU Mortgage Credit Directive

BY IN EU Mortgage Credit Directive, Newsflash On 29th September 2014

  Following HM Treasury’s publication of its consultation on the EU Mortgage Credit Directive (MCD), the FCA has now published its consultation. [...]

2 years ago / Comments Off on FCA’s implementation of the EU Mortgage Credit Directive

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HM Treasury consults on the implementation of the EU mortgage credit directive

BY IN EU Mortgage Credit Directive, Newsflash On 8th September 2014

  HM Treasury has published its consultation on the implementation of the EU mortgage credit directive (MCD). The aim of the consultation is to ensure that the UK meets its obligation to transpose the MCD by 21 March 2016. [...]

3 years ago / Comments Off on HM Treasury consults on the implementation of the EU mortgage credit directive

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