FCA sets out plans for regulation of claims management companies
FCA Claims Management Consultation
We have published a Consultation Paper on how we propose to regulate Claims Management Companies. This Consultation Paper sets out our draft rules and guidance, and asks a series of specific questions about the proposals.
These draft rules set out:
The standards that we think CMCs regulated by the FCA should have to meet
Why and how we enforce our rules
The process for firms to become authorised by the FCA
We attach a briefing for information. You can find more information on our website.