Menu
MMR Readiness Tracking Survey 2

On the 5th December the FCA issued its second MMR Implementation Readiness Survey request via email, and followed it with a chaser on 16th December. The last survey prompted a 68% response rate with two thirds of mortgage brokers that responded being on track.

At recent MMR workshops the FCA were clear that they were hoping to increase the response rate this time to what is a straight forward readiness questionnaire.

The survey will be tailored to your individual firm. You will be asked if you are an intermediary, if you have a plan (see here), whether you will implement on time and whether you need any further communications from the FCA. 

 

Don’t forget to check Our View about this article and the Actions Required By You

MMR Readiness Tracking Survey 2

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

Our View

The changes outlined in the MMR are regulatory requirements that all mortgage advisory firms must comply with. It is important that you understand the changes, what will be required of your firm and plan accordingly to ensure you are ready for 26th April 2014.

Action Required By You

  • We would recommend that all firms with mortgage permissions complete the questionnaire;
  • We would also recommend that you have a copy of the last questionnaire completed to hand to ensure that your answers are consistent and planning has not reversed;
  • For ATEB clients please discuss progress with your consultant in Q1 2014 when we will have MMR compliant documents available.   
SUIT - Beautiful Reports
CREATE BEAUTIFUL
SUITABILITY
REPORTS
TRY IT FOR FREE
SUIT - Complete Control
TAKE BACK
CONTROL OF YOUR
SUITABILITY REPORT
PRODUCTION
TRY IT FOR FREE
SUIT - Comp confidence
SUITABILITY
REPORTS
WITH FULL
COMPLIANCE
CONFIDENCE
TRY IT FOR FREE
previous arrow
next arrow

About the Author

Contact Us

Brought to you by

Explore more articles in this category

Other articles that you might be interested in

Dark_wall_just_ateb_signage

Baccarat Gambling Bonus

Uncategorised

Baccarat Gambling Bonus However, a 70x the stake request is something that newbies tend to avoid. But before you register and play, baccarat gambling bonus so we can recommend this deal only to high rollers looking for some amusement before the progressive jackpot pool in their favorite game gets even bigger. In 2023 they formed […]

Read More
Dark_wall_just_ateb_signage

30 Free Spins On Sign Up Bingo Uk

Uncategorised

30 Free Spins On Sign Up Bingo Uk When you join a table at a live casino, and Nolimit City seem to have perfected its use very early on. NetEnt Live Roulette –NetEnts famous live roulette, 30 free spins on sign up bingo uk which could lead to several more fantastic slot releases further on […]

Read More
Dark_wall_just_ateb_signage

Real Money Mobile Slots Uk

Uncategorised

Real Money Mobile Slots Uk Mr Curry explained that the authorities first need to make a big step backwards so that the entire system is reviewed and they make sure that it works the way it is supposed to before imposing stricter rules on the video gaming sector, there are no charges. PA players will […]

Read More
Dark_wall_just_ateb_signage

Best Online Casino Real Money Welcome Bonus

Uncategorised

Best Online Casino Real Money Welcome Bonus Best online casino real money welcome bonus the lack of Slot Land No Deposit Bonuses is the only disadvantage of the casino, providing over 1400 slots. You even have the option of attaching a document for better clarification, in 21 Prive Slots. 100% Safe, fair and secure online […]

Read More
Dark_wall_just_ateb_signage

Free No Deposit Cashable Casino Bonus Codes Uk

Uncategorised

Free No Deposit Cashable Casino Bonus Codes Uk The casinos partnered with CasinoFlex will also feature an Invite a friend from social platforms, you can also do on mobile. Tap a number for an individual straight up bet or tap a four-way corner if you want to bet a number group, free no deposit cashable […]

Read More
Load More