MOGI 1
Introduction to Part II
MOGI 1.1
Using this Guide
- 01/12/2004
MOGI 1.1.1
See Notes
- 01/12/2004
MOGI 1.1.2
See Notes
- 01/12/2004
MOGI 1.1.3
See Notes
- 01/12/2004
MOGI 1.1.4
See Notes
- 01/12/2004
MOGI 1.1.5
See Notes
- 01/12/2004
MOGI 1.1.6
See Notes
- 01/12/2004
Key terms
MOGI 1.1.7
See Notes
- 01/12/2004
What does MCOB cover?
MOGI 1.1.8
See Notes
- 01/12/2004
MOGI 1.1.9
See Notes
- 01/12/2004
MOGI 1.1.10
See Notes
- 01/12/2004
Which activities does MCOB apply to?
MOGI 1.1.11
See Notes
- 01/12/2004
How to tell whether the chapters of MCOB apply to you
MOGI 1.1.12
See Notes
- 01/12/2004
MOGI 1.1.13
See Notes
Chapter | Title | Does it apply to you? | What does it include? |
MCOB 1 | Application and purpose | Yes | A
summary of how the MCOB rules
apply to firms. Guidance on the other parts of the FSA Handbook. |
MCOB 2 | Conduct of business standards: general | Yes | General
requirements that apply throughout MCOB. Communications to consumers must be clear, fair and not misleading. Rules on inducements. |
MCOB 3 | Financial promotions | Yes | Content
requirements for qualifying credit promotions. A ban on unsolicited real time promotions (cold calling) except in limited circumstances. Rules on the approval of promotions. |
MCOB 4 | Advising and selling standards | Yes | The
initial disclosure document. The scope of service provided. Suitability of advice. Rules for non-advised sales. |
MCOB 5 | Pre-application disclosure | Yes | Timing and content of the key facts illustration (KFI). |
MCOB 6 | Disclosure at the offer stage | No | Content of the offer document. |
MCOB 7 | Disclosure at start of contract and after sale | Partially | Information requirements for post-sale contract variations (such as further advances). |
MCOB 8 | Lifetime mortgages - advising and selling standards | Only if you sell lifetime mortgages | A tailored regime for advising on and selling lifetime mortgages. |
MCOB 9 | Lifetime mortgages - product disclosure | Only if you sell lifetime mortgages | Tailored product disclosure requirements for lifetime mortgages. |
MCOB 10 | Annual percentage rate | Yes if you calculate APRs. | How to calculate the APR. |
MCOB 11 | Responsible lending | No | Lenders must check the consumer's ability to repay. |
MCOB 12 | Charges | Partially | Charges must not be excessive. |
MCOB 13 | Arrears and repossessions | No | Rules on treatment of borrowers in arrears and facing repossession. |
- 01/12/2004
Example materials
MOGI 1.1.14
See Notes
- 01/12/2004
MOGI 1.1.15
See Notes
- 01/12/2004
Business lending
MOGI 1.1.16
See Notes
- 01/12/2004
General requirements
MOGI 1.1.17
See Notes
- 01/12/2004
Key facts logo
MOGI 1.1.18
See Notes
- 01/12/2004