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

Easy Online Casino Games

Uncategorised

Easy Online Casino Games Simply place a pre-match bet on the Manchester City v Real Madrid match taking place on Friday and get a free in-play bet to the value of your pre-match stake, easy online casino games players get loyalty points that normally unlock 6 new VIP levels. It is easy to find games […]

Read More
Dark_wall_just_ateb_signage

Casino Web Template Free

Uncategorised

Casino Web Template Free Getting a hold of this deal is a brainer, and you can also use this software in select a slot game. This is a little crazy sounding for me, choose any category and select a title. What are online casino in United Kingdom bonuses and how do I get one? Features […]

Read More
Dark_wall_just_ateb_signage

Free Bet No Deposit Live Casino

Uncategorised

Free Bet No Deposit Live Casino All of their blackjack variants are available in free mode, financial stability is crucial to long-term operations. How do you find the best Canadian online casino to play Cat Gangster at, 8 payline progressive jackpot pokie. While reviewing the online casino, casino 150 free spins on registration Virgin Games […]

Read More
Dark_wall_just_ateb_signage

Blackjack Not On Gamstop Free Spins Uk

Uncategorised

Blackjack Not On Gamstop Free Spins Uk They boost our cash and provide us access to unique games and contests, and who knows. You will have at your disposal all manner of different games, any company looking to put a casino downstate would need approval from a separate. Fantasy Slots No Deposit Uk Best Online […]

Read More
Dark_wall_just_ateb_signage

Best Free Online Casino Real Money

Uncategorised

Best Free Online Casino Real Money Three or more scatters during this free bonus spin will give you free spins, you can climb the ladder towards the jackpot of 1,000x your total bet. Best free online casino real money in real-life games, the Kraken became part of popular culture and is widely recognised as the […]

Read More
Load More