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RAMP appoints full-time compliance director

RAMP claims to be the first packager alliance to make the commitment of employing a full-time compliance manager.

RAMP managing director John Rice says: “This drives home the fact that we are serious about compliance. By the time Mortgage Day arrives we – and the lenders on our panel – will be certain that applications from members meet every condition of the FSA regime.”

RAMP has been working with Wragge & Co since March to develop procedures. Foxall has taken a leading role in this process and it is Wragge & Co that she leaves to join RAMP.

Rice adds: “It&#39s important to note that the pure packagers within RAMP will also be embracing the regulations despite there being no legal obligation for them to do so.”

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