MoJ removes Cartel Client Review’s authorisation

Published on

The Ministry of Justice (MoJ) has suspended the authorisation of claims management firm Cartel Client Review Ltd.

The claims management regulator confirmed that it was &lta href=&quothttps://mortgagesoup.co.uk/story.php?id=17730&quot&gtinvestigating the North West-based firm&lt/a&gt on 1 March. As a result of this investigation, it has suspended the authorisation of Cartel Client Review Ltd, with effect from today (18 March 2010). This means that the firm will no longer be able to carry out any claims management services.

The MoJ regulates claims management companies by enforcing the Compensation Act 2006 and underlying legislation. Enforcement action is taken against businesses which fail to comply with the conduct rules. A range of informal and formal actions are available including warnings, undertakings and ultimately the suspension or cancellation of a business’s authorisation to trade in claims services.

It says that removing a business’s authorisation is a serious matter which can only be taken after careful consideration of all the evidence and the consequences for clients of such action.

In a statement the MoJ said that, as with any suspended business, it would be monitoring the situation and considering next steps that may be appropriate.

It added: “If you are a customer of CCR your agreement with them

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...