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FCA’s implementation of the EU Mortgage Credit Directive

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

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

  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.

Quarterly Economic Bulletin – Volume 28

  The latest AMI Quarterly Economic Bulletin has been published, setting out a current view of the economy, the housing market and mortgage market.

FCA’s guidance consultation on using social media for financial promotions

  FCA has issued a guidance consultation on its supervisory approach when firms use social media for financial promotions.

AMI and IMLA publish joint guidance on lender panel removals

  The Association of Mortgage Intermediaries (AMI) and The Intermediary Mortgage Lenders Association (IMLA) and have published a joint framework for the governance of lender and intermediary relationships under the new mortgage rules that are now in place following the

Quarterly Economic Bulletin – Volume 27

  The latest AMI Quarterly Economic Bulletin has been published, setting out a current view of the economy, the mortgage market and housing market.

FCA publishes its proposals for regulatory fees and levies for 2014/15

  FCA has published its consultation on the proposed regulatory fees and levies for 2014/15.

Final reminder to register for FCA interim permission

  As you are aware OFT’s Consumer Credit regime is transferring to the FCA on 1 April 2014.

FCA publishes guidance on its ‘outcomes based’ approach to supervision

  In October 2012 FCA outlined the main features of its new approach to supervision and then in July 2013 it published its approach to advancing its objectives.

FCA updates its Thematic Review on the risks to customers from financial incentives

  FCA has provided an update on its work on financial incentives. In general, FCA’s view is that firms have done well in making changes to their incentive schemes and improving their controls but that some firms need to do