Mortgage News
Regulation: Better the devil you know or on to pastures new?
The FSA will switch to ‘twin peaks’ regulation from 2 April, with one part overseeing prudential matters and the other conduct regulation.
We have a date for the move from principles-based regulation to the newly coined judgement-based, or ‘twin peaks’ regulation.
Do you think the new-look regulator will do a better job of policing the industry?
