MBE 2011 to cover Euro directive

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Mortgage Business Expo 2011 is to include a seminar presentation and debate on the issue of the European Commission’s Mortgage Directive.

The seminar presentation, ‘The potential impacts of the European mortgage directive on the market’ will take place on 16 November at 3pm and will be delivered by Isabelle Audigier and Rebekka De Nie from BIPAR, the European Federation of Insurance Intermediaries.

BIPAR works closely with the Association of Mortgage Intermediaries (AMI) in representing UK intermediaries’ interests to the major European bodies such as the Commission and Parliament.

Attendees will be able to hear first-hand from those working directly with MEPs and the Commission about this new directive on residential mortgages, the desired impacts of the directive and the implications for the UK market and intermediaries in particular.

Mortgage Business Expo will follow up Day One’s BIPAR presentation with the key note address from Sheila Nicoll, conduct policy director at the FSA on the second day of the Expo She will be using the seminar to outline the regulator’s current thinking on the Mortgage Market Review including key issues such as affordable lending and the outlook for distribution.

James Prosser, MBE 2011 show director, said: “It is vitally important that the MBE 2011 seminar programme reflects the interests of our attendees and covers the major issues and regulatory action that is likely to have a huge bearing on the future direction of the mortgage marketplace in this country. The European Commission’s directive on mortgages has been widely debated and the rumour mill has been working overtime regarding what it will and won’t include.

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