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FCA to ban CMC 'phoenixing' claims to FSCS

The FCA will seek to ban failed financial services firms from working with Claims Management Companies (CMCs) to target former clients.

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FOS gets new jurisdiction over 'ambulance chasers'

The Financial Ombudsman Service has expanded its remit to include more small business and claims management companies, so called ‘ambulance chasers’.

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Experts remain wary despite ambulance chaser regulation

Experts have cautiously backed a new regulation regime which will see the FCA oversee claims management companies (CMCs), so called ‘ambulance chasers’, but say there is no time for complacency.

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900+ 'ambulance chasers' enter FCA regulation today

The FCA began regulating the claims management industry from today. 

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