28 Power of FCA to make rules restricting charges for claims management services
Financial Guidance and Claims Act 2018 (2018 c 10) | Legislation

Charges for claims management services

28  Power of FCA to make rules restricting charges for claims management services

(1)     The Financial Services and Markets Act 2000 is amended as set out in subsections (2) and (3).

(2)     After section 137FC (inserted by section 20) insert—

“137FD FCA general rules: charges for claims management services

(1)     The power of the FCA to make general rules includes power to make rules prohibiting authorised persons from—

(a)     entering into a specified regulated claims management agreement that provides for the payment by a person of charges which, taken with charges payable under an agreement treated by the rules

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