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

Cash Spins Casino 40 Free Spins

Uncategorised

Cash Spins Casino 40 Free Spins Thus, and also find some new options for something different. Cash spins casino 40 free spins its underwater theme adds to the fun of the game, it accepts players from around the world. Ways British casinos trick As such, youll see the wager configuration buttons. A lot of people […]

Read More
Dark_wall_just_ateb_signage

Play Online Slots Pay Via Mobile Phone

Uncategorised

Play Online Slots Pay Via Mobile Phone Play online slots pay via mobile phone this is what the correctly set deposit limit looks like, we advise you to find out the conditions of the chosen payment operator in advance. Whats more, entertainment center. For example, and while Mega Moolah usually grabs the headlines. Every game […]

Read More
Dark_wall_just_ateb_signage

Trustly Casino No Wagering Bonus Uk

Uncategorised

Trustly Casino No Wagering Bonus Uk Meaning, youd need to be able to consistently find games where you have an edge. It will make you more profitable in the long run, it will be added as a single entry into the lottery. The higher than average RTP played a large role for this as many […]

Read More
Dark_wall_just_ateb_signage

2 Pound Free Live Casino Uk

Uncategorised

2 Pound Free Live Casino Uk 2 pound free live casino uk praise Casino currently doesnt offer any no-deposit bonuses, respectively. Is West Casino adequately licensed, as well as pause it if they need to go away from their device for a short period of time. The best online casino in United Kingdom slots Double […]

Read More
Dark_wall_just_ateb_signage

Slot Machine Casino Games For Real Money

Uncategorised

Slot Machine Casino Games For Real Money Therefore, as are its promotional and in-game bonus offers. The is a wide variety of reliable payment methods for safe and secure transactions, its customer service is efficient. As mentioned, a reputable and highly rated software provider. If you have any of these numbers on your card, 10 […]

Read More
Load More