Under the 2016 EU framework for mortgage credit agreements, individuals who provide advisory services must be authorised as what?

• A. A Investment Intermediary
• B. C Mortgage Credit Intermediary
• C. B Mortgage Intermediary
• D. D Credit Intermediary

Answer: (B)

The key idea is that advising on mortgage credit requires a specific regulatory authorization category. Under the 2016 EU framework, anyone who provides advisory services on mortgage credit agreements is required to be authorised as a Mortgage Credit Intermediary. This designation ensures the adviser has appropriate competence and is subject to regulatory oversight, which helps protect consumers. It also means the adviser must meet conduct-of-business standards, disclose essential information to clients, and typically maintain appropriate professional protections such as insurance.

Other categories, like those for general investments or more generic credit intermediation, do not reflect the mortgage-specific advisory role and therefore aren’t the correct authorization for mortgage credit advisory services.