Tag Archives: claims management companies personal injury

£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 […]

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 (CMCs) and FCA Authorisation

Claims management companies (CMCs), known in the financial services compliance business as “Ambulance Chasers” will must summon a lot 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 […]

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, […]