Mortgage chief warns on outsourcing - 00/00/0000 @ 16:01:30 Contracting out regulated activities such as compliance services will result in unnecessary confusion for brokers after M-day, a mortgages expert has warned.
Purely Mortgages chief executive, Mark Chilton, says that brokers which farm out compliance will be sending mixed messages to consumers, the MoneyMarketing website reports.
Under the new regulatory regime, brokers will be forced to reveal which company they are an authorised representative for ... MORE