Expertise from A-Z - Personal injury reform: Brave new world?
Claims management companies are to come under the remit of the Financial Conduct Authority. What effect will this have on the sector?
Will changes in the regulation of claims management companies clean up the industry for good?
The March budget announced that the government would clamp down on rogue CMCs. It accepted the recommendations of the independent review – the so-called Brady Review – into the regulation of CMCs . And it will transfer responsibility for regulating CMCs to the Financial Conduct Authority from the existing Claims Management Regulator, within the Ministry of Justice.
The exact timing is unclear and more
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