The Financial Conduct Authority (FCA) is to outline the post-MMR regulatory future for the mortgage and loan industry, as well as reviewing the latest phase of the European Mortgage Credit Directive, at this year’s Financial Services Expo (FSE) London.
The event will again be held at Old Billingsgate, in the City of London, on 24-25 September.
The City watchdog will be speaking at both days of the exhibition as part of the line-up of FSE London’s mortgage seminar programme, put together by the Association of Mortgage Intermediaries (AMI) and the Intermediary Mortgage Lenders’ Association (IMLA).
Lynda Blackwell will be covering the implementation of MMR, how the final rules have landed and also the future thematic work the regulator will be carrying out. On day two, David Geale will be outlining the challenges facing the regulator in implementing the European Mortgage Credit Directive and the potential impacts for the UK mortgage market, particularly following the recent publication of the Government’s consultation.
The rest of the AMI-IMLA programme looks at a range of mortgage/property market issues affecting advisers. On day one delegates will be provided with an economist’s view from Stefano Silvestrin of Nationwide Building Society on what might happen next in the UK, plus a look at the social media revolution and how advisers can use technology to support their business from Andrew Montlake of Coreco and Alain Desmier of e-finiti.
Lender panels will also take place on both days of FSE with commentators from intermediary players such as Aldermore, L&G, Nationwide, NatWest, Precise, Santander, Sesame PMS, Simplybiz, and Virgin Money, all taking part.
On day two there will be two further seminar sessions with one looking at the issue of fraud and how advisers can stay on panel by utilising compliance support with presentations from Paul Size of LBG and Martin Reynolds of Simplybiz. The second seminar looks at affordable and social housing with a focus on the new and self-build markets from Andy Frankish at MAB.
FSE London has also arranged free travel to the event via taxi, up to the value of £20 in the London area. To access this offer, all delegates have to do is download the UBER taxi app and enter the promotional code ‘FSEXPO’.
John Malone, chairman of Front Events, said: “The MMR has been a pivotal moment for the UK mortgage market and it has established a new normal in terms of the regulatory landscape. The seminar sessions in the AMI/IMLA theatre reflect this new environment and will provide delegates with an understanding of how the market has developed, their place within it and the opportunities that continue to present themselves. We are also particularly pleased to have presentations from the FCA on both days of the show – the first will cover off how the MMR has landed and will give an insight into the future thematic work to be undertaken, while the second will look at the hugely important European Mortgage Credit Directive, how it meshes with the MMR and its potential impact.
“As is customary we also have a range of other sessions covering off topics that should be of keen interest to advisers. These include panel discussions with contributions from leading lights in the industry, plus a focus on areas which provide income-generating opportunities such affordable and social housing and the rising use of social media. We also cover off the highly important issue of fraud and how advisory firms can keep on the right side of the law.”
