MCOB 6A.5 MCD distance contracts with retail customers

If a firm makes an offer to a consumer with a view to entering into or varying an MCD regulated mortgage contract which is a distance contract, it must provide the consumer with the following information with the offer document:

1. (1)

   the EEA State or states whose laws are taken by the firm as a basis for the establishment of relations with the consumer prior to the conclusion of the MCD regulated mortgage contract;

2. (2)

   any contractual clause on law applicable to the MCD regulated mortgage contract or a competent court, or both;

3. (3)

   the language in which the contract is supplied and in which the firm will communicate during the course of the MCD regulated mortgage contract; and

4. (4)

   if not provided previously:

   1. (a)

      all of the contractual terms and conditions of the MCD regulated mortgage contract to which the offer document relates; and

   2. (b)
      1. (i)

         an appropriate status disclosure statement (compliant with GEN 4) for the MCD mortgage lender;

      2. (ii)

         the MCD mortgage lender's firm reference number; and

      3. (iii)

         confirmation that the customer can check the Financial Services Register on the FCA's website www.fca.org.uk/firms/systems-reporting/register or by contacting the FCA on 0800 111 6768.