This note explains the politically exposed persons regime within the UK's general anti-money laundering laws.
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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This paper describes what steps the Child Maintenance Service (CMS) may take when a Non-Resident Parent (also known as a “Paying Parent”) fails to pay child maintenance on time or in full. It also provides information on the application, collection and enforcement fees charged by the CMS, and briefly summarises analysis on the effectiveness of the CMS’s enforcement and collection system. This paper relates primary to Great Britain: Section 6 describes Northern Ireland’s system.
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There will be a Westminster Hall debate on access to and acceptance of cash during and beyond the Covid-19 pandemic on Thursday 3 December at 1:30 pm.
