(Reuters) - "Poor sales practices in this market may lead to serious
wider consequences," Clive Briault, the FSA's managing director
of retail markets, said.
"The high level of subprime arrears in a benign market
raises some important questions about the consideration given to
affordability by lenders and intermediaries when undertaking
this business."
Read more at Reuters.com Bonds News
wider consequences," Clive Briault, the FSA's managing director
of retail markets, said.
"The high level of subprime arrears in a benign market
raises some important questions about the consideration given to
affordability by lenders and intermediaries when undertaking
this business."
Read more at Reuters.com Bonds News
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