Wednesday, 4 July 2012

FSA warns of 'serious problems' in lease options market

'The FSA has warned about the emerging lease options market and said in most cases it considered it to be akin to sale-and-rent-back, a market it has effectively regulated out of existence.

The FSA’s head of financial conduct and chief executive designate of the Financial Conduct Authority Martin Wheatley made the comments at the regulators annual public meeting yesterday....'


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