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FSA paper on reporting

The Financial Services Authority has issued a consultation paper on new Integrated Regulatory Reporting requirements for firms. These will enable the regulator to use regulatory reporting to more effectively monitor and mitigate risks to the FSA’s statutory objectives.

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Trade bodies deserve a trade body to represent them

From Chris Fleetwood As the number of trade bodies increases, it’s time some thought was given to providing an umbrella organisation that could represent all the trade bodies in the mortgage market. All the organisations that do so much to help brokers and lenders deserve a trade body for themselves, to represent their needs. With […]

Moody’s upgrades Leeds’ credit rating

Moody’s has upgraded Leeds’ credit rating. Financial institutions use the rating to assess the credit risk of banks and building societies and their ability to meet financial obligations.Leeds was one of only two societies to receive an improved rating.According to Moody’s, the upgrade reflects the good financial performance of Leeds in recent years, particularly its […]

Partnership on The Exchange

Partnership Home Loans, a sister company of Partnership Assurance, has become the 15th provider to join The Exchange online equity release quotation service on the Exweb portal.

Brokers dismiss A&L research on Brits’ financial habits

Brokers have held up the red card to research from Alliance & Leicester that claims Britons are more prone to stick to their lender rather than shop around for a better deal. A&L’s research shows that 85% of borrowers tend to stick to their financial providers, spurring the bank to make the analogy that borrowers […]

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