MCOB - Disclosures Course

The Mortgage Conduct of Business (MCOB) for Disclosures applies to businesses involved in home finance transactions. Activities include giving advice, providing amount-specific information, entering into, varying the terms of or administering a home finance transaction.

MCOB for Disclosures covers the disclosure requirements for these transactions, including mortgage contracts and home purchase plans.

Our MCOB for Disclosures Course explains the FCA's business rules for pre and post-sale disclosures in the home finance business.

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MCOB - Disclosures

About this Course

This SCORM-compatible course is part of our FCA Compliance Library.

The library is available in the Skillcast Standard plan for larger companies or Skillcast Basic plan for those with under 50 learners.

Learning Objectives

This course will prepare your employees to:

  • Identify the disclosure rules that apply at the pre-application, offer and after-sales stages
  • Recognise when illustrations are required and what their format and content should be
  • Identify the information that must be provided in annual statements and as a result of specific events
  • Explain the rules on record-keeping in respect of disclosures

Latest Course Updates

  • Course redesigned with a more modern feel
  • Full review conducted by an FCA expert
  • Text & image updates throughout the course

Course outline



Pre-application disclosure

- Exercise: Pre-application disclosure
- When are illustrations required?
- Checklist: Illustrations
- Exercise: Pre-application disclosure
- Exercise: Marketing information illustrations?
- Key messages
- Range of products
- Exercise: Product range disclosures
- Pre-application disclosure

Content of the ESIS pre-application illustration

- Exercise: Providing an ESIS
- Pre-application illustrations for other products

Disclosure at the offer stage

- Affordability assessments in mortgage offerings
- Disclosing charges in the offer document
- Offer stage disclosures for other products

After-sale disclosures

- Disclosure at the start of the contract
- Annual statements
- Event-driven information
- After-sale disclosures for other products
- Further advances




Course Specifications



Approximately 30-minute long e-learning course followed by a 9-question assessment.



Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.



SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.



All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.



Fully customisable on Skillcast Portal CMS.



Pre-translated versions not available, but all text content can be exported for translation into all languages.



Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.

FCA Courses Library

Our FCA Course library of over 60 training modules covers everything from high-level and conduct of business standards to thematic topics, including treating customers fairly.

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