Consultation outcome

Regulation fees paid by claims management companies

• From: Ministry of Justice
• Published: 15 November 2013
• Last updated: 17 February 2014 — See all updates

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Read the full outcome

Regulation fees paid by claims management businesses: fees determination 2014 to 2015

PDF, 122 KB, 22 pages

Detail of outcome

Claims management regulation is self financing, with claims management companies meeting the costs of regulation through payment of authorisation fees.

The fee levels are set in advance of the year to which they apply. They are calculated based on the expected number claims management companies that maintain their authorisations into the following year.

This consultation response summarises the responses received and sets out the fee levels for the regulation year beginning 1 April 2014.

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Original consultation

Summary

The Claims Management Regulation Unit is funded from fees paid by claims management companies. This consultation sets out proposed fee increases to fund an expansion to the unit necessary to reduce consumer detriment in the industry.

This consultation was held on another website.

This consultation ran from
10am on 15 November 2013 to 11:45pm on 13 December 2013

Consultation description

This consultation invites views on the fees for applications for authorisation and annual fees for the regulation year 1 April 2014 to 31 March 2015 for claims management companies.

Published 15 November 2013
Last updated 17 February 2014 + show all updates

1. 17 February 2014

   Publication of consultation response

2. 15 November 2013

   First published.