Sesame Bankhall 'unlikely' to apply for accredited status

It had been tipped to apply due to its size and model as a combined network, support services provider and mortgage club. "It is unlikely that we will be applying to become an accredited body, however we will be analysing the FSA's professionalism Policy Statement in detail before making a final decision," a spokesman says. The FSA last week confirmed it will hand extra supervisory responsibilities to bodies it accredits after deciding against establishing an independent professional standards board. Accredited bodies must check that all advisers who use their services hold a relev...