FSA sends out minded to authorise letters as mortgage deadline looms
he Financial Services Authority has started to send out minded to authorise letters to firms conducting mortgage or general insurance business. The first MTA dispatch consisted of more than 1000 letters — although the majority relate to mortgages.
The firms receiving the MTA letters will be set to receive formal authorisation later this year — or next January in the case of general insurance — unless the FSA reconsiders following significantOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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