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FSA may implement some MMR changes earlier than 2013

The Financial Services Authority says it may impose aspects of its Mortgage Market Review earlier than 2013.

In its retail conduct risk outlook published today, the regulator says its rules are not due to come in before the summer of 2013.

But its report says: “However, if there is widespread support for particular proposals, for example in relation to mortgage arrears charges, we may implement some aspects sooner.”



The Mortgage Mole

It is all over It appears television funnyman Nick Hancock will not be giving up his day job anytime soon and returning to the world of mortgage broking.

ASA rules against complaint that claims firm advert was misleading

The Advertising Standards Authority has rejected a complaint about an advertisement from a financial claims management company. A Claim4Refunds television ad viewed in November 2011 stated: “This is an important announcement. If you’ve taken out a loan, credit card or mortgage in the last six years you could be owed thousands.” It went on to […]

Neptune Global Income: Is Japan the best dividend market in the world?

By George Boyd-Bowman, Fund Manager at Neptune The Neptune Global Income Fund seeks exposure to the very best – and often overlooked – income opportunities from across the world. Unconstrained by benchmarks, the fund currently has 24 per cent invested in Japan, differentiating the high conviction portfolio from many of its peers. Watch Neptune Fund […]


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  • Shock horror 13th March 2012 at 6:01 pm

    Dare I ask… this the FSA finally admitting that some recent changes and shifting by lenders in the market has actually got something to do with their guidance and certain MMR wording? (interest only being a “niche” product for example)