Second phase of CMC authorisation is underway

Regulatory Updates | 20/06/19

The FCA are now in the second slot for claims management companies (CMCs) to apply for full authorisation. The deadline for applications is 31 July 2019 so CMCs should not delay in applying.
This landing slot is for:
• CMCs that do financial services and product claims work and also do lead generation for non-financial services/products claims.
• CMCs that only do lead generation (regardless of sector)
• CMCs operating in all other sectors.
• To apply, CMCs should log into the Connect system on our website.
Firms that miss the deadline have 30 days to wind down their business and stop regulated claims management activity.