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Claims management companies (CMCs)

Home / Claims management companies (CMCs)

30 August 2019

CMCs must raise advertising standards, warns FCA

Claims management companies (CMCs) must raise the standard of their advertising, the Financial Conduct Authority (FCA) has warned. The FCA...

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4 February 2019

First4Lawyers: FCA oversight bodes well for CMCs of all sizes

Qamar Anwar of First4Lawyers looks ahead to the FCA taking over the regulation of CMCs I have to start this...

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18 December 2018

FCA issues new rules for CMCs ahead of regulation next year

The Financial Conduct Authority (FCA) has published a new set of rules and fees that will apply to all claims...

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13 September 2018

Private equity group pays £5.14 billion for Sedgwick

Private equity group Carlyle has struck a $6.7 billion (£5.14 billion) deal to buy claims management giant Sedgwick. Two Carlyle...

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24 August 2018

FCA proposes fees for CMCs

The Financial Conduct Authority (FCA) has launched a consultation on the fees it intends to charge claims management companies (CMCs)...

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7 June 2018

FCA unveils new rules for CMCs

Claims management companies (CMCs) could be forced to hold capital to cover their liabilities under new proposals designed to strengthen...

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27 April 2018

CMC cold calling ban in Financial Guidance and Claims Bill passes another test

Claims management companies (CMCs) are on course to be banned from cold calling after the Financial Guidance and Claims Bill...

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19 February 2018

Insurers meet to tackle CMCs in Scotland

Insurers, DWF, the Association of British Insurers (ABI) and the Ministry of Justice (MoJ) met recently to discuss what can...

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