FSA delays approved persons regime

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The FSA is delaying the introduction of the approved persons’ regime to the mortgage market.

In June 2010 the regulator announced that, as part of the Mortgage Market Review, it would be extending the approved persons’ regime to include anyone who advises on or sells mortgages. However, it is now delaying the move for unspecified reasons.

In a statement on its website the FSA said: “We remain committed to making these changes to the approved persons’ regime

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