FSA to give key note speech at Manchester Expo

The Financial Services Authority is to deliver the key note speech at the Mortgage Business Expo Manchester 2012.

MBE Manchester takes place on May 23 2012 at the Lancashire County Cricket Club.

The Association of Mortgage Intermediaries is putting together the seminar programme for the day and has confirmed that Lynda Blackwell, policy manager at the FSA will be speaking in the midday time slot.

Blackwell will be discussing the Mortgage Market Review in detail outlining the direction of responses it has received to the latest consultation paper published last December.

Her address will be followed by a question and answers session allowing delegates to give their views on the MMR proposals and how these might affect their marketplace.

So far over 40 exhibitors will be in attendance at MBE Manchester including a number of recently signed-up lenders such as Lloyds Banking Group and Coventry Building Society.

The full list of AMI-organised seminar sessions will be announced shortly.

James Prosser, show director at MBE Manchester 2012, says: “MBE has always forged a strong relationship with the regulator and has always sought to provide a platform for the FSA to outline its current thinking on market matters to our intermediary audience. 

“We are therefore particularly pleased to announce that our Manchester event will be no different and delegates will have a chance to listen, and put questions, to Lynda about all the key MMR issues. 

“Coming so quickly after the end of the consultation period for the last MMR paper and proposals this should give the market an early understanding of the FSA’s ongoing thinking and perhaps outline some of the potential new rules we can all expect from the next MMR publication. 

“At MBE London last year it was standing room only for the FSA’s key note address and, given the nature of the session, we anticipate the same at Manchester next month.” 

Robert Sinclair, director of AMI, says: “I am looking forward to hearing what the emerging thinking on MMR is from the FSA.  This event allows brokers in the North, who are having a much tougher time than their Southern counterparts, to come together and debate the issues of the day.  It should be an informative day.”