To assist firms with the implementation and transition into the new world of the Mortgage Market Review (MMR), we have drawn up the following documents:
- A summary of the new MCOB rules in checklist format; use this to ensure that you have addressed the new rule requirements;
- A ‘Client Proposition Document’ that includes new disclosure requirements;
- A ‘Client Fee Agreement’;
- An Execution Only business process;
- An Execution Only disclaimer.
Please ensure you discuss the new documentation with your ATEB consultant at their next visit. For non-ATEB clients who need additional support in the lead up to MMR or are interested in benefitting from these documents please get in touch using the contact form here.
Advising non-UK clients
Alistair MacDougall Compliance Conduct, EEA, email, EU, FCA, MiFID, passport, PI, vulnerable
Despite the fact that the UK ceased to be a member of the EU/EEA almost a year ago, we are still asked for advice around how a UK firm can take on a new non-UK client or continue to deal with such clients that the firm had pre-BREXIT. We have written before about the general […]