The Association of Mortgage Intermediaries (AMI) has published its response to the FSA consultation paper on the ‘Mortgage Market Review: Arrears and Approved Persons’.

AMI says it supports the desire to improve standards in the industry, increasing transparency and reducing levels of fraud. However, to achieve this the individual register will need to cover all those involved in the mortgage process and not just intermediaries.

Robert Sinclair , director of AMI, said: “We have consistently argued for the introduction of an individual register for the mortgage industry. This increased transparency will help build consumer confidence. But any register must be applied equally across the industry and include all sales staff as well as intermediaries. The register must also make clear exactly what each individual’s role is so consumers know who they are dealing with and what actions they are permitted to perform.