FCA Fee Cap Proposal – Claims Management Companies

January 29, 2021 (1)

FCA Fee Cap Proposal – Claims Management Companies

29 Jan, 2021

The FCA have published a consultation paper on proposals to restrict the amount charged by claims management companies. Under the Financial Guidance and Claims Act 2018 (FGCA) when Parliament transferred regulation of CMCs to the FCA it gave them a duty to make rules about CMC fees for claims relating..

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