Background Following consultation, the FCA has decided to increase the ombudsman service’s award limit to £350,000 for complaints about acts or omissions by firms which take place on or after 1 April 2019.
Firms will have recently submitted their RMAR returns on GABRIEL but may not have been aware of changes to income reporting.
AMI has issued its latest Quarterly Economic Bulletin which is now available on our website.
Join us for breakfast and listen to Robert Sinclair, AMI’s Chief Executive, give an update on the industry
Following our communications in November and December on dealing with data subject access requests from legal firms and CMCs,
Following our recent guidance on dealing with requests from legal firms and CMCs,
Members may have seen an increase in requests received from legal firms or claims management companies in recent months.
The FCA recently announced it will extend access to the ombudsman scheme (FOS) to include larger SMEs.
AMI has issued its latest Quarterly Economic Bulletin which is now available on our website.
The FCA recently issued a consultation on creating a global sandbox in which ‘innovative’ firms from around the world could test their business models in the UK with dedicated regulatory support (reciprocated for UK firms wishing to become regulated in overseas jurisdictions).
