This Note describes the regulatory framework which applies to claims management companies.
Claims management companies in the UK and their regulation (707 KB , PDF)
Claims management companies (CMCs) are currently regulated under the Compensation Act 2006 by the Ministry of Justice. There are about 3,000 such companies in the UK, most of which operate in the personal injury and financial services sectors. Consumer complaints are concentrated in the financial sevices sector. The note looks at the specific rules which apply to unsolicited text messages.
The Financial Guidance and Claims Act 2018 transfers regulation of CMCs to the Financial Conduct Authority from 2019. The FCA published a consultation paper on how it proposed to regulate the sector in June 2018.
Claims management companies in the UK and their regulation (707 KB , PDF)
This Commons Library briefing looks at the public debate over the tax treatment of the banking sector in the wake of the 2008 financial crisis, before discussing the different approaches taken in successive years by Labour, Coalition and Conservative Governments.
A backbench business debate on lawfare and 'SLAPP' suits in the UK court system will take place in the House of Common's Chamber scheduled for Thursday 20 January 2022. David Davis and Liam Byrne MPs will open the debate.
An overview of initiatives to support businesses through the coronavirus pandemic.
