MMR update – FCA webcast and FAQs
The FCA recently conducted surveys to establish lender and broker readiness. In undertaking this, brokers indicated there were a number of areas where they wanted more information. These included
FCA provides further clarity on regulated advice boundaries
When FCA published the MMR rules in October 2012 it committed to reviewing its Perimeter Guidance (PERG) to provide clarity on the boundaries between providing information and providing regulated advice.