Tag Archives: Claims Management Companies And Regulation

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 […]

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, […]