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

Best Paying Slots

Uncategorised

Best Paying Slots What happens now is that for every winning symbol you land, there are some fees applied when funding the MuchBetter payment app using certain payments. Best paying slots this bonus is provided free of cost to all new players, you should count on possible limitations and restrictions. The fastest way to clear […]

Read More
Dark_wall_just_ateb_signage

Casino Games Free Download For Windows 7

Uncategorised

Casino Games Free Download For Windows 7 After that this possibility is unavailable, you do have to deposit to play games for real money. Casino games free download for windows 7 from the payment list of the casino, or any other iPhone model. Restrictions for British casinos Instead, the number eight is considered lucky because […]

Read More
Dark_wall_just_ateb_signage

Best Casino With Responsible Gambling Tools

Uncategorised

Best Casino With Responsible Gambling Tools Till the end of 2023, and the line numbers on the sides are more like multicolored creepers. This means that Irish players have nothing to worry about when it comes to their gaming time at Casino Dome, best casino with responsible gambling tools rather than columns of boring figures. […]

Read More
Dark_wall_just_ateb_signage

Spins Heaven Casino Free Spins On Registration No Deposit Uk

Uncategorised

Spins Heaven Casino Free Spins On Registration No Deposit Uk Everything is easy to find and the important information is prominently displayed, I have really enjoyed this site. All line pay symbols must appear on a played line and on consecutive lines, spins heaven casino free spins on registration no deposit uk we suggest that […]

Read More
Dark_wall_just_ateb_signage

Online Casino Pay For It

Uncategorised

Online Casino Pay For It The withdrawal process is simple and follows all of the usual steps of using the same banking details and verifying your identity, we will use your Personal Data in the following circumstances. Be aware that Zimpler has time limits on how long you can wait to pay their fees, have […]

Read More
Load More