Fraud Charter: 'Help us stamp out bad CMCs' - FCA's plea to industry

20 Jun 2019

Frustrations peaked at the Insurance Times Fraud Charter last month over lack of communication from the MIB regarding the LiP portal. 

CMC manager at the FCA, Mike Baker, has appealed to the industry to help the regulator keep tabs on "bad eggs" in order to keep them out.

Amongst the regular attendees was BLM's head of fraud operations, Jason Potter who sees an opportunity for the industry to come together against an entity many felt has become somewhat of a pantomime villain in the industry. 

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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