FCA talks on MMR and EU loan directive at Expo

The FCA will address the Financial Services Expo London over two days later this month, discussing the implementation of the MMR and the latest phase of the EU mortgage credit directive.

FCA mortgage policy manager Lynda Blackwell will address the Expo on day one, covering the Mortgage Market Review implementation and the effect so far on the UK mortgage market. Blackwell will also discuss the future thematic review of MMR.

On day two, FCA head of investment policy David Geale will outline the regulator’s role in implementing the EU mortgage credit directive and the impact the legislation could have on the UK mortgage market. FSE organiser Front Events has already announced a series of seminars aimed at business owners at the expo, which will take place at Old Billingsgate on 24 and 25 September.

Front Events chairman John Malone says: “The MMR has been a pivotal moment for the UK mortgage market and it has established a new normal in terms of the regulatory landscape. The seminar sessions reflect this new environment and will provide delegates with an understanding of how the market has developed.

“We are also particularly pleased to have presentations from the FCA on both days of the show – the first on the MMR will give an insight into the future thematic work to be undertaken while the second will look at the hugely important European mortgage credit directive.”