FCA consults on rules and guidance on Mortgage Credit Directive

The FCA has published the consultation paper CP16/2: Mortgage Credit Directive: Minor changes to our rules and guidance.

The paper aims to set out a number of proposed changes to our Handbook, in particular to the Perimeter Guidance manual (PERG) and Glossary of terms. We are also proposing changes to rules and guidance in the Mortgage and Home Finance: Conduct of Business sourcebook (MCOB).

Comments are due by 15 February 2016.

Lavanya Rathnam

Lavanya Rathnam is an experienced technology, finance, and compliance writer. She combines her keen understanding of regulatory frameworks and industry best practices with exemplary writing skills to communicate complex concepts of Governance, Risk, and Compliance (GRC) in clear and accessible language. Lavanya specializes in creating informative and engaging content that educates and empowers readers to make informed decisions. She also works with different companies in the Web 3.0, blockchain, fintech, and EV industries to assess their products’ compliance with evolving regulations and standards.

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