Oral contracts to be banned in claims clampdown | The Law Gazette: Claims management companies (CMCs) will be forced to end oral contract arrangements under rules proposed by the Ministry of Justice today.
The MoJ’s Claims Management Regulator (the regulator) will insist that CMCs have to agree contracts with clients in writing before any fees can be taken. Companies will also be required to inform clients of any changes to the business’s authorisation once in effect and will be allowed to say only that they are regulated by the regulator rather than the MoJ, which the ministry says implies government endorsement.
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