Proposals to amend the Conduct of Authorised Persons Rules: The Financial Services Perspective
The Claims Management Regulator proposes to make changes to the Conduct of Authorised Persons Rules to better specify the obligations on claims management companies claiming on behalf of consumers.
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The Claims Management Regulation Unit regulates claims management companies in England and Wales. Regulated claims management companies must abide by the Regulator’s ‘Conduct of Authorised Persons Rules’. This consultation sets out proposed amendments to tighten the rules and address detriment in the claims industry.