A time of regulatory uncertainty for lenders

The FSA may have escaped the axe that the Conservatives were threatening to wield before the general election, but it's a time of regulatory uncertainty for lenders.

Related topics:  Mortgages
Millie Dyson
19th May 2010
Mortgages

The lending market is now crowded with proposed regulations, including the FSAs ongoing mortgage market review, the building societies prudential sourcebook, the Treasurys consultation on reforming financial markets and the European Commissions proposed intervention on responsible lending and borrowing.

To help lenders make sense of all the regulatory uncertainty, we have brought together some of the key industry figures to assess how regulation is developing.

Our conference in June will provide an opportunity to hear the views of:

-  Lesley Titcomb, the director of the FSAs small firms and contact division, and the sector leader for retail intermediaries and mortgages;

- Mazars partner Rudi Lang and Jonathan McMahon, director of the Promontory Financial Group, on the FSAs liquidity regime;

- the editor of Housing Finance International and former CML deputy head of policy Andrew Heywood on the European regulatory environment;

- an industry panel response to regulatory developments, comprising Mike Joyce, head of UK mortgages at the Bank of Ireland, Bill Flynn, general counsel of GE Money Home Lending, and Martin Townsend, senior manager of policy and regulatory risk for the Lloyds Banking Group;

- the CMLs director general Michael Coogan on the wider regulatory environment; and

- CML senior policy adviser Rob Thomas on the outlook for mortgage funding markets.

The CMLs second annual mortgage regulation conference will also include detailed break-out sessions looking in depth at four key areas of the FSAs mortgage market review: arrears and possessions, the approved persons regime, income and affordability, and distribution and advice.

Book online for the conference, which will be held at a venue in London on 17 June.
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