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Treasury rethinks regulation timetable

The Treasury has published a revised timetable for the regulation of mortgages and general insurance as it is still waiting for the EU to adopt the insurance intermediary directive.

The new timetable says mortgage legislation should be published in its final form by the end of this month, rather than last, and the FSA consultation will start soon after.

General insurance draft legislation is due to be published for consultation in September rather than July and FSA consultation should start in October.

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