Brokers are waking up to the threat of new FSA regulations, said Misys.

The software specialist was reporting on inquiries into its internet-based regulatory and training package, Equip, sparked by a mailshot sent out last month.

Out of 5,700 open market brokers mailed, 2%wanted to know more about Equip - as against the same mailshot carried out six months ago which saw no response.

Misys marketing manager Tony Mellor said: "Six months ago we had no response to our mailing shot.

Now 2%want to know more. "The brokers mailed were not Countrywide members and have no connection to Misys. The response clearly shows they are worried about pending FSA regulations."