Newsflashes

Member Area
Apr 16 Consumer buy to let registration

BY AMI

AMI has identified that there may be a potential problem over the activities that some firms have requested when making their application for the consumer buy to let (CBTL) permission. [...]

3 years ago / No Comments

6

APR

No

Comments

Apr 16 – FCA Business Plan and Annual Fees Consultation 2016

BY AMI

The FCA have today (5 April) released their new business plan and budget including draft fees for the year 2016/17.   [...]

3 years ago / No Comments

5

APR

No

Comments

Mar 16 – Buy to let tax changes: guidance

BY AMI

Last year, the government announced two major tax changes which will affect buy to let property owners. From 1 April 2016, increased stamp duty land tax will be payable on purchases of additional residential properties. [...]

3 years ago / No Comments

15

MAR

No

Comments

Online dispute resolution: action for firms

BY AMI

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. [...]

3 years ago / No Comments

5

FEB

No

Comments

Mortgage Credit Directive: Bridging Loans

BY AMI

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.    [...]

3 years ago / No Comments

4

FEB

No

Comments

Buy to let: permissions

BY AMI

From 21 March 2016 broking buy-to-let mortgages will no longer be a regulated activity. Intermediaries will therefore no longer need to hold a consumer credit permission to advise on unregulated buy-to-let mortgages. There will however still be instances where a [...]

3 years ago / No Comments

18

JAN

No

Comments

Your 2015/16 invoice for FCA fees

BY AMI

Members will be aware from our earlier messages and the considerable noise in the trade press that they are likely to see a significant rise in their FCA invoice in 2015. [...]

3 years ago / No Comments

7

JUL

No

Comments

The Mortgage Credit Directive: changes for all brokers

BY AMI

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. [...]

4 years ago / No Comments

27

MAY

No

Comments

FCA fee rates 2015/16

BY AMI

In response to the FCA’s consultation on its 2015/16 fee rates, AMI has issued a joint letter with the Association of Professional Financial Advisers urging for the FCA’s disproportionate fee increase to be reviewed. The letter has been sent to [...]

4 years ago / No Comments

27

APR

No

Comments

FCA proposes new processes for complaints and buy-to-let

BY AMI

Complaints handling: The FCA issued a consultation on overhauling the complaints process. The main changes it proposed are: [...]

4 years ago / No Comments

18

MAR

No

Comments