An overview of how business interruption insurance policies have been interpreted in the context of the coronavirus pandemic.
Documents to download
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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.
Documents to download
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Claims management companies in the UK and their regulation (707 KB, PDF)
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The European Investment Bank lends to projects that contribute to growth and employment within Europe. This briefing gives a short overview of the Bank's membership and operation, and its future relationship with the UK.
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There is growing concern that the debt collection practices of public sector bodies have fallen behind the standard of regulated creditors in the private sector. Practices have often been criticised as being unfair to the debtor and inefficient, possibly resulting in higher long-term costs to the taxpayer. The impact of the coronavirus pandemic on debts owed to public bodies is not yet known, but it is likely to have led to further indebtedness.
