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Sep 2018 – The new prison breaks

BY AMI

The Sunday Times recently wrote a scathing attack on the impact of Help to Buy on house prices and the risks of negative equity in certain parts of the country.  The reality is that there has always been a “new [...]

1 year ago / No Comments

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SEP

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Sep 2018 – Financial Crime

BY AMI

As the techniques used to carry out financial crime continue to advance, firms should be regularly reviewing their systems and controls.  This includes reviewing processes to mitigate the evolving risks of money laundering and fraud. The FCA recently wrote to [...]

1 year ago / No Comments

24

SEP

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Aug 18 – The risks of robo

BY AMI

With robo-advice still in its infancy in the mortgage sector, but many firms claiming to have new fintech propositions, it is worth looking at the investment market which is further ahead in its development.  There are undoubtedly lessons to be [...]

1 year ago / No Comments

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AUG

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Aug 18 – Fuel on the flames

BY AMI

Firms will now be receiving their final FCA invoices for the year 2018/19.  By far the largest component of the costs is the fees levied by the FCA on behalf of the Financial Service Compensation Scheme (FSCS).  Bill payers have [...]

1 year ago / No Comments

17

AUG

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Aug 18 – Better mortgages?

BY AMI

Introduction After a period of reflection over the FCA’s Mortgages Market Study, the good news is that it was really positive to see that the mortgage market is working well in many respects.  The interim report found high levels of [...]

1 year ago / No Comments

17

AUG

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Jul 18 – Set them free

BY AMI

Following my article last month on the significant work undertaken by the FCA which is set out in their Mortgages Market Study Interim Report it is important that I return to the same subject.  This is because our sector now [...]

1 year ago / No Comments

17

JUL

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Jul 18 – No free lunch here

BY AMI

The FCA announced its fourth cohort of firms who have been approved to enjoy the benefits of their sandbox.  The regulatory sandbox allows firms to test innovative products, services or business models in a live market environment, while ensuring that [...]

1 year ago / No Comments

17

JUL

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Jul 18 – Housing still broken

BY AMI

The number of new housing starts were flat in 2017, according to finalised figures from the Office for National Statistics.  The Bank of England has suggested expectations are that Q1 2018 figures will show a slowdown, in part due to [...]

1 year ago / No Comments

17

JUL

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Jun 18 – Looking for a pencil sharpener

BY AMI

After a period of quiet reflection and immersing myself in the detail it is time to give a more impassioned view of the FCA’s Mortgages Market Study. The good news is that it was really positive to see that the [...]

1 year ago / No Comments

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JUN

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Jun 18 – Customer needs

BY AMI

One of the potential remedies proposed as part of the mortgages market study focuses on giving consumers “greater choices of tools” to help them choose a mortgage more effectively.  As a generic objective, it sounds reasonable.  But in reality, this [...]

1 year ago / No Comments

20

JUN

No

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