The controversial Money Advice Service (MAS) will likely be shut down when it next comes up for review in 2015, according to Association of Mortgage Intermediaries (AMI) chief executive Robert Sinclair.
The Financial Conduct Authority (FCA) has set out the steps it will put into action in the event of a regulatory failure.
Regulators have fined companies and top bosses about £1bn for fraudulent activities since 2007, a report due out today has found.
Andrew Tyrie, the chairman of the Treasury Select Committee (TSC), has written to the Financial Services Authority (FSA) over a decision by the Bank of Ireland (BoI) to raise mortgage interest rates.
The Association of Mortgage Intermediaries (AMI) said it expects advisers' share of the mortgage market to increase markedly this year as a raft of changes boost their prospects.
The chief executive of the Association of Mortgage Intermediaries (AMI) has hit out at the Financial Services Authority (FSA) over its failure to launch an individual registration scheme for mortgage advisers.