More than 900 ambulance-chasers now regulated by FCA
'Consumers protected from cowboys'
Claims management companies expected to show due diligence on lead generation and stamp out fraud
Claims management companies (CMCs) are to be subject to stricter rules and regulations now the sector's time under the FCA's regulatory umbrella has begun today (1 April). More than 900 CMCs have registered for temporary permissions - meaning firms are expected to comply with Financial Conduct Authority (FCA) standards and could face action if they do not - to continue operating while they go through the regulator's authorisation process. Once authorised, the FCA could use its powers to require...
More on Regulation
Paul White announced as new chair of GRiD
He starts this month
Johnny Timpson to leave Scottish Widows
After three decades
Supreme Court 'substantially' rules in favour of BI claimants
Completes legal process
Sunak to provide £4.6bn 'cash injection' for UK businesses
Premises to remain closed until at least mid-February
Johnny Timpson to join Prime Minister's Champion Group
Set up by David Cameron in 2012
