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Published date: 12 December 2016

FCA CP16/41 / PRA CP45/16 - Amendments to Notes for completion of the Mortgage Lenders & Administrators Return (MLAR)

Closed
13 March 2017

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View this consultation in the tracker table PRA

We are consulting on proposals to update the notes for completion of the MLAR and to make a minor change to our second charge mortgage reporting form (MLA-D1).

FCA CP16/41 / PRA CP45/16

As a regulator we are interested in how the firms and markets we regulate behave. Therefore we introduced the MLAR and associated guidance to collect information from mortgage lending and/or mortgage administration firms to allow us to supervise the market effectively and fulfil our objectives as an organisation.

These proposals set out changes to the guidance for firms completing the MLAR as well as a minor change to align the reporting rows included in the second charge mortgage lending form MLA-D1 with the form MLA-D. These clarifications will assist firms in their completion of the MLAR by removing existing anomalies between the PRA and FCA version of the guidance notes and between first charge and se