Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does an FSA authorised firm whose only activities are mortgage and / or general insurance require an individual to be approved as CF10 (Compliance oversight) and / or CF11 (MLRO)?

April 26, 2017activities Approved authorised firm FSA individual Insurance mortgage require

0

Posted

Does an FSA authorised firm whose only activities are mortgage and / or general insurance require an individual to be approved as CF10 (Compliance oversight) and / or CF11 (MLRO)?

1 Answer

0

Posted

The only relevant control function is CF11, and this applies to mortgage lenders and mortgage administrators only.