- (1)
8In the table in (2), the provisions in column (1) apply in relation to an MCD regulated mortgage contract instead of the provisions in column (2).
- (2)
This table belongs to (1).
(1) MCD requirement
(2) Non-MCD requirement
MCOB 7.6.7R to 7.6.17
Related provisions for MCOB 1.2.14
1 - 13 of 13 items.
This chapter applies to the communication or approval of a financial promotion of qualifying credit as follows:
Application and purpose |
|
The fair, clear and not misleading rules |
MCOB 3A.2, except MCOB 3A.2.5 R |
Other general requirements for financial promotions |
|
Qualifying credit financial promotions |
|
MCD financial promotions (note 1) |
|
Systems and controls |
|
Note 1: This item does not apply to non-MCDfinancial promotions of qualifying credit. |
3Exempted regulated mortgage contracts
Type of regulated mortgage contract |
Explanation |
Exempted under article 3(2) of the Mortgage Credit Directive |
|
Bridging loan |
See PERG 4.13.6 G |
Restricted public loan |
See PERG 4.13.7 G |