Guidance

Claims management companies: financial penalties guidance

How the Claims Management Regulation Financial Penalties Scheme will operate from 29 December 2014

Detail

Guidance on the operation of the Claims Management Regulation Financial Penalties Scheme which comes into force on 29 December 2014. This document contains information on:

  • the circumstances in which the regulator can impose a financial penalty on a regulated claims management company
  • how a financial penalty will be calculated
  • the range of financial penalties that may be imposed