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Treasury publishes loan regulations

The Treasury will publish its long awaited mortgage regulations this week leaving the FSA open to consult on how it implements them.

The FSA has confirmed it will issue its consultation on the future of mortgage regulation next week, “assuming the Treasury regulations are actually published this week.”

The regulations will be final without further consultation with the industry, although they are still contingent on the European Parliament implementing the Insurance Intermediaries Directive, which it is expected to do in September.

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