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Lenders unsure of electronic reporting requirements

Lenders are unsure of what they will be asked to do to comply with electronic reporting requirements according to Focus Solutions. Focus&#39 s latest survey shows that 88 per cent of lenders feel their organisations are ready for mortgage regulation but when it came to mandatory electronic reporting 58 per cent of the respondents thought the biggest obstacle for being ready for MER would be not having the correct computer systems in place.

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Abbey introduces fast-track service

Abbey for Intermediaries has introduced a fast track process for low risk customers borrowing less than 60 per cent LTV and less than £500,000. The deal applies to both employed and self-employed borrowers and is part of a new flexible lending policy based on affordability. Abbey says the changes have been made in line with […]

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Networks urged to show united front over VAT

Networks will have to work together to put their case to Customs and Excise on VAT or face being targeted individually, warns a leading tax expert. Financial Services Planning Consultancy consultant Graham Miller believes it will be crucial for the IFA industry to show a united front to Customs through trade bodies so a definitive […]

Dubai

White paper — Dubai International Insights

Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.

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