• Welcome to the LegalBeagles Consumer and Legal Forum.
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

CMC Rules Consultation

Collapse
Loading...
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • CMC Rules Consultation

    Much hyped but very disappointing consultation on rule changes for the Claims Management sector.

    Most of the proposed changes are very minor. For example changing references to ''Financial Services Authority'' to ''Financial Conduct Authority'' and ''Grammatical corrections'' to existing rules.

    In fact the real purpose of the consultation (buried at paragraph 28) is not to make desperately needed new and tougher rules but to reduce the existing ones:

    ''The CMR Unit is subject to the current governmental policy of reducing regulation. Changes to the rules are subject to clearances from committees, and are potentially subject to reviews, the ‘one-in-two-out’ requirement for introducing new burdens and sun-setting clauses. Policy changes are carried out against a backdrop of the existing requirement for the MoJ to spend 23% less by 2014/15 and a three year moratorium on new regulation for micro businesses. The CMR Unit, like all regulators, is required to act proportionally.''

    Nonetheless Beagles will be responding and we'd welcome any suggestions.


    Consultation Overview - https://consult.justice.gov.uk/digit...-persons-rules
    Online Survey - https://consult.justice.gov.uk/digit...ion/intro/view
    Full consultation doc - attached
    Attached Files
    Tags: None

View our Terms and Conditions

LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
Working...
X