Final 2004 nationwide MCCB seminars underway

- MCCB hosting seminars to help firms prepare for ‘Mortgage Day’

- Practical sessions designed to help firms prepare for FSA statutory regulation

- High demand for places; very limited number remaining

The seminars ran by MCCB are designed to help registered firms prepare for statutory regulation under the FSA.

21 seminars are to take place over the next two months, with the first being held in Glasgow on 3 February, and finishing in Brighton on 31 March. Over 1,400 firms will attend the seminars over this period - a record number of attendees.

The seminars are focusing on the practical implementation of the new FSA rules, including:

- Regulatory choices - which route will your firm choose to take under the new regime?

- The Mortgage Selling Rules

- The Mortgage Sales Process

- Disclosure requirements

- Initial disclosure document (IDD)

- Key facts illustration (KFI)

- Training and Competence

- Reporting, Monitoring and Enforcement

- The Application

MCCB are pleased that demand has met high expectations – while there are a few places remaining, the majority of seminars are operating at full capacity.

Luke March, Chief Executive of MCCB said:

“We are delighted with the high demand for these seminars. Although this is not part of MCCB’s core responsibility, we are hosting these seminars to provide registered firms with unbiased, comprehensive help to comply with FSA rules.”

Although there are very limited spaces left, for firms wishing to attend who have not yet registered, the seminars are full day events and the delegate price is £200 (inclusive of VAT).