cmc
Displaying items by tag: cmc
Tuesday, 05 December 2023 14:14
FOS plans to charge CMCs for bringing cases
The Financial Ombudsman Service is considering charging Claims Management Companies fees of up to £650 per case to help cut down on the tide of speculative claims that can clog up the service.
Published in
Articles
Tagged under
Tuesday, 02 April 2019 11:56
Experts remain wary despite new ambulance chaser rules
Experts have cautiously backed a new regulation regime which will see the FCA oversee claims management companies (CMCs), so called ‘ambulance chasers’, but say there is no time for complacency.
Published in
Articles
Tagged under
Monday, 01 April 2019 11:46
900+ ambulance chasers enter FCA regulation today
The FCA began regulating the claims management industry from today.
Published in
Articles
Tagged under
Tuesday, 19 March 2019 12:03
More than 600 ‘ambulance chasers’ register with FCA
The FCA has revealed more than 600 so-called ‘ambulance chaser’, or claims management companies (CMCs), have registered with the authority.
Published in
Articles
Tagged under
Tuesday, 21 August 2018 14:30
FCA says regulating ‘ambulance chasers’ to cost around £17m
The FCA is set to take over regulation of claims management companies and estimated the cost to be in the region of £17m.
Published in
Articles
Tagged under
Tuesday, 05 June 2018 16:33
Claims management companies to be forced to disclose fees
The Financial Conduct Authority has today published its draft rules outlining how it plans to regulate claims management companies (CMCs) when it takes over their regulation from 1 April 2019.
Published in
Articles
Tagged under