Thursday, February 04, 2010

ACCA warn of impact of new FSA rules on entrepreneurs


New mortgage rules could act as deterrent.

ACCA (the Association of Chartered Certified Accountants) is the latest professional body to question the new proposals put forward by the Financial Services Authority (FSA) on mortgage reforms.

ACCA has argued that the banning of self certified mortgages, or 'self-cert' mortgages, could potentially deter entrepreneurship.

John Davies, head of business law at ACCA, says:

See full Article.