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Saunders call for mortgages to be regulated


The Financial Services Authority Consumer Panel has called for long term care and mortgages to be regulated by the FSA.


Panel chair Barbara Saunders made the call in evidence to the Joint House of Commons and Lords Scrutiny Committee examining the Financial Services and Markets Bill.


She said: &#34The rhetoric of a one stop shop needs to be matched in reality with a definition wide enough to include mortgages and long term care.&#34


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A regulator and former regulator have clashed over proposals to include mortgages within the Financial Services Authority&#39s remit.FSA consumer panel chairman Barbara Saunders called for mortgages and long term care to be regulated by the FSA in evidence to the Parliamentary scrutiny committee examining the Financial Services and Markets Bill.But former Securities and Investment Board […]

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