The Financial Conduct Authority (FCA) has said it expects to spend £16.8m setting up and delivering the regulation of claims management companies (CMCs), which will be fully funded by those firms.
The FCA will become the regulator of CMCs established or serving customers in England, Wales or Scotland from 1 April 2019. At the same time, the Financial Ombudsman Service will become responsible for...
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress