The recent speech by Lesley Titcomb of the FSA at a Council of Mortgage Lenders event has been broadly welcomed by the Association of Mortgage Intermediaries (AMI).

Robert Sinclair , AMI director, said: “The confirmation that the approved persons regime will be applied to the whole industry is a welcome affirmation of the desire to provide a consistent regime. Also the need to protect vulnerable consumers has the full support of AMI.