Related provisions for MCOB 1.2.14

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MCOB 1.2.15GRP
  1. (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. (2)

    This table belongs to (1).

    (1) MCD requirement

    (2) Non-MCD requirement

    MCOB 5A

    MCOB 5

    MCOB 6A

    MCOB 6

    MCOB 7B

    MCOB 7.6.7R to 7.6.17

    MCOB 10A

    MCOB 10

MCOB 3A.1.4RRP

This chapter applies to the communication or approval of a financial promotion of qualifying credit as follows:

Application and purpose

MCOB 3A.1

The fair, clear and not misleading rules

MCOB 3A.2, except MCOB 3A.2.5 R

Other general requirements for financial promotions

MCOB 3A.3

Qualifying credit financial promotions

MCOB 3A.4

MCD financial promotions (note 1)

MCOB 3A.5

Systems and controls

MCOB 3A.9

Note 1: This item does not apply to non-MCDfinancial promotions of qualifying credit.

PERG 4.13.5GRP

3Exempted regulated mortgage contracts

Type of regulated mortgage contract

Explanation

Exempted under article 3(2) of the Mortgage Credit Directive

See PERG 4.10A.5G (1) to PERG 4.10A.5G (6)

Bridging loan

See PERG 4.13.6 G

Restricted public loan

See PERG 4.13.7 G