Regulator blocks CMS authorisation for withholding information
IFA DB check problem
FS Claims failed to provide the FCA with the information it needed to carry out the authorisation process.
The Financial Conduct Authority (FCA) has refused to give regulatory authorised to a claims management company (CMC) after it failed to supply the watchdog with a myriad of information about its practices.
In a decision notice published on Tuesday (5 February) the regulator confirmed CMC FS Claims would not be given authorisation. According to the FCA, over a six-week period, FS Claims failed to respond...
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