Category Archives: Claims management companies

Claims Management Companies CMCs Compliance Procedures Manual and Financial Crime Policy

Working with Claims Management Companies CMCs in recent days, we can provide a Compliance Procedures Manual (around 100 pages) and Financial Crime Policy quickly.

Online Senior Managers & Certification Regime Compliance Course Available For Core-Limited Firms

We have extensive experience in training senior managers and other staff who are subject to the SM&CR (SMCR) and we have developed a range of training solutions to suit a wide variety of requirements. You will also gain access to a unique discount in our special offer promotion for a valuable aid to your implementation planning.

£7M bill for Claims Management Companies for FCA Authorsiation

Claims management companies (CMCs), known in the financial services compliance business as “Ambulance Chasers” will have to look for over ₤ 7m next year to put together a compliant scheme to adequately satisfy the regulator the sector, the Financial Conduct Authority (FCA) has revealed. The amount be paid in 2019-20, if accurate, is 42% of […]

Do I Honestly Need To Be Regulated As An FCA Authorised Person?

Financial services providers, investment company and retail credit firms need to be Financial Conduct Authority (FCA) authorised. Here’s a summary of what you ought to know. According to regulations made under the Financial Services and Markets Act (FSMA) 2000, financial activities will need to be regulated by the FCA. Any firm (whether an enterprise, a […]

Claims Management Companies To Put Their Hands In THEIR OWN Pocket in 2019

Claims management companies (CMCs), known in the financial services compliance business as “Ambulance Chasers” will have to look for more than ₤ 7m in 2019 to set up a compliant scheme to adequately satisfy the regulator the sector, the Financial Conduct Authority (FCA) has revealed. The approximate price to be paid in 2019-20, if accurate, […]

Claims Management Companies Need To Be FCA Regulated

Claims management companies (CMCs), known in the financial services compliance business as “Ambulance Chasers”must summon more than ₤ 7m next year to set up a compliant scheme to adequately satisfy the regulator the sector, the Financial Conduct Authority (FCA) has revealed. The sum to be paid in 2019-20, if accurate, is 42% of the total […]

The Best London FCA Authorisation Consultants Today – Authorised or Approved Persons?

What are FCA Authorised Persons and FCA Approved Persons? Authorised Persons ( applying section 31 of the Financial Services & Markets Act [FSMA] defines Authorised persons) as just one of the following: ( a) a person who has a Part 4A permission to carry on one or more regulated activities; ( b) an incoming EEA […]

Regulatory Guidance For Claims Management Companies

CMC’s To Get Bill Of over £7M Claims management companies (CMCs), well known in the financial services compliance business, must look for more than ₤ 7m in 2019 to put together a compliant scheme to adequately satisfy the regulator the sector, the Financial Conduct Authority (FCA) has revealed. The sum to be paid in 2019-20, […]