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MCCB ready to work with FSA

The MCCB says it welcome&#39s the Treasury&#39s decision that the FSA will regulate mortgage advice from 2004.

It says this move towards statutory regulation has been facilitated by its won work in establishing the first register of intermediary and lender firms active in the mortgage industry and its policies to improve training standards.

MCCB chief executive Luke March says: “Our work in developing the Code an dour registration rules to provide robust consumer protection and statutory regulation has facilitated the move towards a single regulatory structure for mortgages.”

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