Claims Management to move to FCA regulation from April 2019 – so what will this mean for firms who are used to the Claims Management Regulator?

The FCA has recently launched consultation CP15/18 which sets out their proposed regulatory structure for Claims Management Companies (CMCs).  The announcement also confirmed that jurisdiction for complaints would move from the LeO to the Financial Ombudsman Service (FOS); although one wonders how they will cope with an increased number…

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