ASTL invites FCA and BoE for 2017 conference

Ryan Bembridge

August 14, 2017

The Association of Short Term Lenders will host The Financial Conduct Authority’s Lorna O’Brien and the Bank of England’s Peter Andrews at its conference on 14 September.

O’Brien is the regulator’s mortgage technical specialist who was the policy lead on responsible lending for the Mortgage Market Review, while Andrews is agent for greater London and has been with the Bank since 1979 in various roles.

This year’s conference is themed ‘Brexit and Bridging’ and will focus on how the bridging industry and property market can respond to opportunities and challenges from the UK’s decision to leave the EU.

Benson Hersch, chief executive of the ASTL said: “With Article 50 now activated, and the countdown to Brexit underway, it is now more crucial than ever that we as an industry are proactive and engage with the potential challenges we may face.

“We have seen the demand for long and short-term loans rise steadily over recent months, but any major economic changes need to be properly assessed in order to secure continued success for the future.

“This conference brings together leading decision makers and commentators to address the situation presented by Brexit, as well as to provide insight into the current state of the economy, the housing market, and the future for lending and finance.”

O’Brien will provide an insight into the FCA’s views on the market as well as an update on compliance and regulation in bridging and short-term credit.

Andrews will give an off the record briefing on the broad economic and financial outlook from the Bank.

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