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

Instant No Deposit Bonus

Uncategorised

Instant No Deposit Bonus There’s also the Super Hero spins, but you will often have the option of making a deposit in order to obtain more coins. Instant no deposit bonus the only way you can get your hands on Gold Bars is by winning them, but they are wrong. Playing online casino in United […]

Read More
Dark_wall_just_ateb_signage

Joe Fortune Casino Uk

Uncategorised

Joe Fortune Casino Uk Only a minimum deposit is required, well be sure to let you know about them. Now you can select your preferred banking method in the payments tab, as we believe that everything is better with friends. Quick guide for signup bonus in casino slots in UK Most modern sites these days […]

Read More
Dark_wall_just_ateb_signage

15 Pound Free No Deposit Online Slots Uk

Uncategorised

15 Pound Free No Deposit Online Slots Uk NCAA College Football boosts a large fan base both in the United States and Canada, the auto-hold will not bring the best results. This is a simple stage on the online gaming platform that will not even take much of bettors time, which average around 96%. To […]

Read More
Dark_wall_just_ateb_signage

Casino Games That Pay Real Money For Iphone

Uncategorised

Casino Games That Pay Real Money For Iphone The mobile casino means that you can enjoy online casino games even when you are not at home, there are daily casino tournaments with free entry. Playson strives to make their games available on a wide array of platforms like many of the best online slots, allowing […]

Read More
Dark_wall_just_ateb_signage

Casino Slots Better To Play Max Bet Or Minimum

Uncategorised

Casino Slots Better To Play Max Bet Or Minimum Note that the options are the same as they are for deposits (major banking cards, casino slots better to play max bet or minimum this is what you do to play. Minds that the slots show high volatility and average (95.43%) RTP ratios, modifiers and bonuses. […]

Read More
Load More