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Regulation for mortgage lenders ‘conflicting,’ UK lawmakers say

( April 19, 2023, 11:31 GMT | Official Statement) -- MLex Summary: Regulation of the UK mortgage market comes from too many places, can be conflicting and should be streamlined, a group of cross-party lawmakers said. In a report published today, the All Party Group on Challenger Banks and Building Societies called for “radical reform” of the UK mortgage market, including making a single regulatory body — preferably the Financial Conduct Authority — responsible for regulating the entire market.Statement follows. Report attached....

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