FCA to speak at ASTl conference in London

 

Lorna O’Brien from the Supervision department at the FCA will speak at the event in London where the keynote speaker will be Vince Cable, Secretary of State for Business in the coalition government until 2015.

 

Lorna O’Brien, Mortgage Policy Adviser at the FCA, said: “It is a pleasure to speak at the ASTL conference.”

 

“It is a very important part of what we do at the FCA to engage directly with both lenders and intermediaries. 

 

“Bridging is an important niche market that will be affected by the Mortgage Credit Directive; it will therefore be useful both to the FCA and to those present to discuss the new EU regulation from a bridging perspective.”

 

This year’s conference will look at the challenges ahead for the bridging industry, including Eurozone issues, fraud prevention, increased regulation and the Mortgage Credit Directive.

 

Lorna will address the conference on how the Mortgage Credit Directive will affect the mortgage market as a whole.

 

Benson Hersch, Chief Executive of the ASTL added: “Having someone from the FCA to speak at the conference will give conference attendees a unique insight into new developments in regulation, particularly with regard to the MCD. “

 

“New legislation will play a huge role in changing the shape of the market as we know it, and Lorna O’Brien will present the problems and solutions from the perspective of the regulator and how it may affect everyone at the conference.”