MCOB definition
Examples of MCOB in a sentence
Recommendation of a mortgage product which embraces and complies with the spirit and explicit terms/conditions of applicable legislation featured within MCOB.
It is possible that further changes may be made to the FCA's Mortgage Conduct of Business ("MCOB") rules as a result of these reviews and other related future regulatory reforms.
Any further changes to the FCA's MCOB rules or to MCOB or the FSMA or changes in the regulatory structure or the Financial Services Act 2012, may adversely affect the Group's operating results, financial condition and prospects.
You, as an authorised firm, will be liable for any breach of or under the FSMA including but not limited to any breach of the relevant provisions of MCOB relating to the accuracy of any Illustrations supplied to a mortgage applicant.
This assertion is supported by a number of parts of the Financial Conduct Authority's 'MCOB' rules, which require customers to be treated fairly.