Martin Partington: Spotlight on the Justice System

Keeping the English Legal System under review

Regulating Claims Management Companies

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The process of driving Claims Management Companies that fail to adhere to the rules regulating their activities out of business seems to be having some success. The Government announced in February 2014 that in the previous year the authorisation of over 200 companies had been revoked. It was also announced that over 500 companies had gone out of business since referral fees were banned in 2013.
From April 2014, CMCs will have to pay higher fees to help cover the cost of regulatory activity.

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Written by lwtmp

March 3, 2014 at 11:34 am

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