A long way to go with MMR: IMLA

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The Intermediary Mortgages Lenders Association (IMLA) has welcomed the FSA’s CP10/28 paper as indicating the regulator’s thinking over distribution and disclosure.

However, it has warned that it is vital to take time to get things right.

Peter Williams , executive chairman of IMLA, said: “The main proposals concern moving to apply the same standards for advised and non-advised sales

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