MCCB launches seminar programme to help firms prepare for M-day

The Mortgage Code Compliance Board (MCCB) has opened dates for its seminars to help MCCB firms prepare for ‘Mortgage Day’ on 31 October 2004. These seminars will be held in the first quarter of 2004 and are designed to help MCCB registered firms prepare for statutory regulation under the FSA.

The seminars will focus on the practical implementation of the new FSA rules. They will cover the following topics:

- 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

The seminars are full day events and the delegate price of £200 is inclusive of VAT, all refreshments, lunch and a complete seminar documentation pack.

MCCB is inviting representatives from its registered firms to attend the seminars and full details and a faxback booking form have been sent out with its industry newsletter - MCCB News. The form – which includes full instructions on how to book places - can also be accessed and downloaded from MCCB’s website www.mortgagecode.org.uk by following the links in Industry/Publications/Forms.

Richard Fox, Compliance Director at MCCB, said

“The seminars are being carefully planned to assist firms in the practical implementation of the final FSA rules, which have now been published. We are providing an unbiased, comprehensive but cost effective training event that will particularly benefit smaller intermediary firms. Based on our wide experience of compliance issues and in running successful Mortgage Code related training events we anticipate a strong demand for the seminars, so I would advise firms to act quickly in reserving the places they require.”

The seminars will take place at the following locations on the dates listed below:

Location

Glasgow 03/02/2004

Edinburgh 04/02/2004

Newcastle 05/02/2004

Chorley 10/02/2004

Manchester 11/02/2004

Leeds 17/02/2004

Sheffield 18/02/2004

Nottingham 19/02/2004

Birmingham North 25/02/2004

Birmingham South 26/02/2004

Cambridge 02/03/2004

Milton Keynes 03/03/2004

London North (Elstree) 04/03/2004

London City 09/03/2004

London City 10/03/2004

London West 16/03/2004

Belfast 18/03/2004

Bristol 23/03/2004

Cardiff 24/03/2004

Southampton 30/03/2004

Brighton 31/03/2004