FSE2014: Regulation landing slots face disruption
David Geale, director of policy at the FCA, said that the increased workload from the proposed regulation of the Mortgage Credit Directive will see changes for some.
He said: “Some firms who have a landing slot for their mortgage permissions will see their dates change.
“Those who have landing slots before April 1 will also have to amend their forms.”
Geale was speaking at the Financial Services Expo at London’s Billingsgate.