FOR MORTGAGE & HOME FINANCE FIRMS

MCOB Compliance, In Order.

Brokers, lenders and later-life advisers run MCOB monitoring, adviser competence and Consumer Duty evidence from one platform — with the audit trail the FCA expects.

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15 Mortgage-Specific Checks

E8 dedicated CMP chapter

MCOB 1–13 + MCD Anchored

Every check carries its rule reference

Mortgage-Filtered Reg Intelligence

13 regulators, keyword-mapped to MCOB

MCOB Monitoring
Advice & Execution Standards
Adviser Training & CPD
Consumer Duty Evidence
Complaints (DISP) Register
Mortgage-Filtered Reg Intelligence

The FCA Doesn’t Ask If Your Advice Was Suitable. It Asks You to Prove It

Advice standards, disclosure, adviser competence, customer outcomes — MCOB assumes the file speaks for itself, and the burden of proof sits with the firm.

Advice Files That Won't Survive Scrutiny

When the FCA opens a file, “the recommendation was right for them” isn’t enough — MCOB 4.7A expects the record to show why, customer by customer, case by case.

Later-Life Advice Under the Microscope

Equity release and lifetime mortgages carry the MCOB 8 standards — and sustained supervisory attention. A recommendation with no recorded reasoning is exactly what reviews keep finding.

Adviser Competence in Scattered Files

CPD certificates in inboxes, fit-&-proper checks in HR folders, T&C records in a spreadsheet last opened at the annual review. The TC sourcebook assumes competence you can evidence on demand.

The Board Report Built from Scratch

The Consumer Duty demands an annual board report on customer outcomes. Assembling one from spreadsheets, inboxes and memory takes weeks — and shows.

Complaints Handled by Inbox

DISP sets deadlines, record-keeping duties and root-cause expectations. A complaints log that lives in email threads can’t evidence any of them.

The MCOB Update You Missed

Policy statements, consultations and Handbook changes land weekly across 13 UK regulators. Missing the one that rewrites your obligations is how firms fall behind.

The Mortgage Sourcebook, Already Built In.

A named chapter, sector filters, adviser records and board evidence for firms whose obligations live in MCOB, the MCD and the Consumer Duty.

Dedicated Mortgage Chapter

E8 Mortgage & Home Finance puts 15 sector-specific checks into your monitoring plan — advice and execution standards, disclosure, arrears and equity release — anchored to MCOB 1–13, the Mortgage Credit Directive and MIPRU 4. Financial promotions are monitored through the E8 checks and the A12 Financial Promotions deep-dive chapter, around 15 checks of its own. All inside the 1,139-template library.

MCOB 1–13MCDMIPRU 4A12s21 FSMA

Mortgage-Filtered Intelligence

Regulatory Intelligence carries a dedicated Mortgage sector filter, keyword-mapped to MCOB — equity release, buy-to-let and second-charge included — and Otto scores each item’s relevance to your firm across the 13-regulator hourly feed.

MCOBEquity ReleaseBTLSecond Charge

Consumer Duty, Evidenced

Mortgage brokers and lenders sit squarely in scope of PRIN 2A. The A8 deep-dive chapter puts Duty checks into your monitoring plan, the four-outcome assessment scores your firm against FCA expectations, and Otto drafts the 29-page annual board report — 13 sections plus Sign-Off and Challenge Record — from your live data.

PRIN 2AA8Four Outcomes

Adviser Competence on Record

People Compliance holds every adviser’s record in one place — Statements of Responsibilities mapped to the FCA template, fit-&-proper assessments, and CPD hours logged against an annual target with a full activity log. Competence you can prove at the next supervisory check.

SM&CRTCF&PCPD

Complaints & Breaches Registers

The Hub’s register suite logs complaints against DISP and breaches under SUP 15.3 — alongside gifts & entertainment and conflicts — with status chips, named owners, due dates and maker-checker approval throughout.

DISPSUP 15.3

Your MCOB Monitoring Plan, Ready on Day One

The E8 Mortgage & Home Finance chapter lands in your programme complete — checks, owners, cadences and rule references — with the registers and attestations mortgage firms run alongside.

15 mortgage-specific checks

E8 Mortgage & Home Finance — advice and execution standards, disclosure, arrears and equity release, anchored to MCOB 1–13, the MCD and MIPRU 4.

1,139 expert templates

74 regulation-anchored categories, including deep-dive chapters on financial promotions (A12) and the Consumer Duty (A8).

Complaints & breaches registers

Complaints logged against DISP and breaches under SUP 15.3 — status chips, named owners, due dates and maker-checker approval throughout.

Signed-off attestations

Guided attestation forms with the FCA Principles individually ticked and sign-off recorded — declarations you can produce, not reconstruct.

Compliance Monitoring Hub dashboard — KPI tiles, health score, RAG summary and distribution, status breakdown and monthly trends

The head-of-compliance landing surface. Live KPI tiles for open, closed and overdue tasks, completion and approval rates, an overall Health Score, RAG summary and monthly trends — every tile a one-click drill-down to the records underneath.

Compliance Monitoring Task Library — 1,139 expert-built monitoring check templates across 74 categories, including the E8 Mortgage & Home Finance chapter

1,139 expert-built monitoring checks across 74 regulation-anchored categories — including the E8 Mortgage & Home Finance chapter and deep-dive chapters on financial promotions and the Consumer Duty. Each template ships with a regulatory reference chain and plain-English guidance that pre-populates in-form.

Attestation form being completed in the Compliance Monitoring Hub, with the FCA Principles checklist and maker-checker approval

Every formal declaration, completed and signed off in-platform. Guided attestation forms with the FCA Principles individually ticked and a maker-checker approval workflow — the form can’t be submitted until every obligation is signed off.

Register submissions tracker — complaints, breaches, gifts & entertainment and conflicts with owners, due dates and approval status

Every event your firm has to record, in one tracker. Complaints against DISP, breaches under SUP 15.3, gifts & entertainment and conflicts — status chips, named owners, due dates and the same maker-checker approval workflow throughout.

Explore the Compliance Monitoring Hub →

Good Outcomes, Evidenced for the Board

Mortgage intermediaries and lenders sit squarely in scope of PRIN 2A — the four outcomes assessed, monitored and board-reported without a consultant-built spreadsheet.

Four-outcome assessment

Products & Services, Price & Value, Consumer Understanding and Consumer Support — each scored against FCA expectations with a named owner and evidence.

Duty registers

Complaints, Trigger Events, Adverse Outcomes, Root Cause Analysis, Vulnerability and the Gap Register — each linked to named owners and attached evidence.

Scheduled outcome monitoring

Vulnerable-customer treatment, fair-value reviews and outcome testing as evidenced tasks — each with a frequency, a named owner and a findings history.

29-page board report

Otto drafts the PRIN 2A annual board report from your live data — 13 sections plus Sign-Off and Challenge Record, ready to review, sign and export.

Consumer Duty dashboard — Duty health donut, four-outcome performance radar, cross-cutting rules and in-scope products register

A 30-second status check for the whole firm: a Consumer Duty Health donut, the four-outcome performance radar against your own thresholds, the cross-cutting rules, the in-scope products & services register and quarter-on-quarter trend — every PRIN 2A obligation a mortgage firm carries, one screen.

Consumer Duty assessment — the four outcomes, cross-cutting rules and wider areas scored against FCA expectations with named owners and evidence

The full Consumer Duty assessment, chapter by chapter: the four outcomes, the cross-cutting rules, and the wider areas — governance, monitoring, complaints, third parties, foreseeable harm and vulnerable customers — each scored against FCA expectations with a named owner and evidence. For a broker, the vulnerable-customer and consumer-understanding chapters carry the weight.

Consumer Duty annual board report — 29-page PRIN 2A report drafted by Otto with executive summary, health score and 13 sections plus sign-off

The 29-page PRIN 2A Annual Board Report drafted by Otto from your live data in seconds. An executive summary and an overall Consumer Duty health score, 13 sections plus Sign-Off and Challenge Record. Review, sign, export — board-ready, supervisor-ready.

Explore Consumer Duty →

Adviser Competence, Provable on Demand

Mortgage advice stands or falls on the person giving it. SM&CR records, CPD hours and fit-&-proper assessments for every adviser — current, evidenced and retrievable.

The whole regulated population

Senior Managers, Certified Persons and other staff in one register — with KPI tiles flagging outstanding fit-&-proper and due-diligence work.

Statements of Responsibilities

SoRs mapped to the FCA template — Prescribed Responsibilities, Overall Responsibility and Other Responsibilities, each assignable and recorded for the SM&CR audit trail.

Training & CPD logs

Structured and unstructured CPD hours against an annual target, with a completion ring and a full activity log — course, type, hours, date.

Fit & proper assessments

F&P assessments recorded per person with outstanding items flagged on the dashboard — the evidence behind every adviser’s authority to advise.

People Compliance dashboard — KPI tiles for Senior Managers, Certified Persons and other staff over a full People Records register

Your whole regulated population on one screen. KPI tiles for Total People, Senior Managers, Certified Persons, Other Staff, F&P Outstanding and DD Outstanding, over a full People Records register — every adviser’s file one click away.

Training and CPD log — structured and unstructured CPD hours against an annual target with a completion ring and full activity log

Continuing Professional Development, evidenced. Structured and unstructured CPD hours against an annual target, a completion ring and a full activity log — course, type, hours, date and comments — so every adviser’s competence stays current and provable at the next supervisory check.

Statement of Responsibilities — SMF record with the SoR mapped to the FCA template, fit & proper, due diligence and CPD tabs

Every SMF record is six tabs deep: Details · Statement of Responsibilities · Fit & Proper · Due Diligence · CPD · CMP Form Access Control. The SoR maps to the FCA template — Prescribed Responsibilities, Overall Responsibility and Other Responsibilities — each one assignable and recorded for the SM&CR audit trail.

Explore People Compliance →

Otto Reads Your Live Compliance Data — Then Drafts the Report

Otto is the platform’s built-in compliance advisor, grounded in 150+ expert-authored documents. She reads your live monitoring, Consumer Duty and people records — not a generic handbook summary — and drafts the reports the regulator expects to see.

Annual Monitoring Report

Your year’s monitoring drafted from live data, citing MCOB among its 13 regulatory anchors — coverage, findings and remediation, section by section.

Consumer Duty Board Report

The 29-page PRIN 2A annual board report drafted from your live Duty records — 13 sections plus Sign-Off and Challenge Record, ready for review.

Policy Drafting

Policy Studio puts Otto behind your firm’s policy suite — drafted, reviewed and operationalised, from first draft to a document your team attests against.

Ask Otto Anything

Ask about your MCOB obligations and Otto answers from your live records — which checks are overdue, where the file is thin, what closes the gap.

AI drafts, humans decide — nothing is auto-submitted, and every fact traces to your live firm data.

Consultants and Spreadsheets vs RegTechPRO

Three ways to run MCOB compliance. Only one produces evidence the FCA can inspect — on the day they ask for it.

The Old Way
Consultant + Spreadsheets
c. £10,000/month retainer
  • Advice suitability evidence scattered across shared drives and inboxes
  • Adviser CPD and fit-&-proper records in a spreadsheet nobody reconciles
  • Complaints tracked by inbox — DISP deadlines by memory
  • The monitoring plan rebuilt from a blank page every year
  • Nothing board-ready to show the FCA on the day
The RegTechPRO Way
RegTechPRO
Three simple plans, no long-term contract
  • 15 mortgage-specific checks ready on day one — 1,139 in the library
  • Consumer Duty assessed, monitored and board-reported in-platform
  • Adviser SM&CR, CPD and fit-&-proper records in one place
  • Regulatory intelligence filtered to the Mortgage sector
  • Otto drafts the annual report from your live data
The Stack Way
5+ Separate RegTech Platforms
£20,000–£50,000/year across the stack
  • Monitoring, Consumer Duty, people records and complaints — all separate platforms
  • 5+ vendor renewals, 5+ contracts, 5+ data silos
  • The same adviser and customer data re-keyed into every system
  • No single evidence trail across the stack
  • Reconciliation overhead every board cycle
FAQs

Mortgage firms. Questions Answered.

What a broker principal or a home-finance compliance lead wants to know about platform-grade MCOB compliance.

Which MCOB chapters do the monitoring checks cover?
The dedicated E8 Mortgage & Home Finance chapter carries the sector load: 15 checks anchored to MCOB 1–13, the Mortgage Credit Directive and MIPRU 4 — advice and execution standards, disclosure, responsible lending, arrears and equity release. Deep-dive chapters add around 15 checks each on financial promotions (A12) and the Consumer Duty (A8). All part of the 1,139-template library spanning 74 categories and 8 regulators.
How are financial promotions handled for mortgage firms?
Through monitoring rather than a sector register: financial promotions for mortgage firms are monitored through the E8 and A12 CMP chapters. The A12 Financial Promotions chapter puts around 15 scheduled checks into your plan — that approval, content standards and record-keeping are actually operating, anchored to s21 FSMA — each closed with evidence and a findings history.
We advise on equity release and later-life lending — is that covered?
Yes. The E8 chapter is anchored to MCOB 1–13, which includes the lifetime-mortgage and home-reversion advice standards, and the Mortgage sector filter in Regulatory Intelligence is keyword-mapped to equity release, buy-to-let and second-charge — so later-life developments surface at the top of your feed. People Compliance keeps every adviser’s CPD and fit-&-proper record ready for the scrutiny later-life advice attracts.
How does the platform evidence adviser competence?
People Compliance holds the whole regulated population — Senior Managers, Certified Persons and other staff — with Statements of Responsibilities mapped to the FCA template, fit-&-proper assessments recorded per person, and CPD hours logged against an annual target with a full activity log: course, type, hours, date. When the FCA asks how you know an adviser is competent, the answer is a record, not a recollection.
Does the Consumer Duty apply to mortgage brokers — and how does the platform help?
Squarely. Mortgage intermediaries and lenders are in scope of PRIN 2A, and the FCA expects an annual board report on customer outcomes. The platform runs the four-outcome assessment scored against FCA expectations, the Duty registers — complaints, trigger events, root cause, vulnerability — and scheduled outcome monitoring. Otto then drafts the 29-page annual board report, 13 sections plus Sign-Off and Challenge Record, from your live data.
What does Otto actually draft for a mortgage firm?
The Annual Compliance Monitoring Report, citing MCOB among its 13 regulatory anchors; the Consumer Duty annual board report; and your firm’s policies through Policy Studio — drafted, reviewed and operationalised. Every draft is grounded in your live records. AI drafts, humans decide — nothing is auto-submitted.

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