Association of Professional Compliance Consultants

The body for compliance consultants who advise firms regulated in the UK.

The APCC is active in enhancing the professional standards of compliance consultants and is recognised as a trade body by the FCA and other regulators. This provides our members with significant benefits in terms of direct access to the Regulators as well as business leads.  The APCC often works in conjunction with the FCA to pilot or test new initiatives, and we also provide with valuable feedback on specific subjects as requested by them.

Home Forums Current issues you are seeing in the industry Time-barred complaint going straight to Court Reply To: Time-barred complaint going straight to Court

#2935
Avatarinfo@tonycatt.co.uk
Participant

I had a case like this.

The CMC wanted to go to court because they knew how Courts worked. Almost insider knowledge. The PI company wanted to settle due to the expense of a court case – time, solicitor and barrister costs etc.

I wrote to the client with the FOS leaflet and advising that the FOS was a free service to them. Going to court did not increase their chance of success etc.

Now that the CMC should be regulated by the FCA perhaps you could raise it with the FCA that the CMC has chosen to go to court rather than FOS. particualrly if the case looks odd. Then the FCA can look into the matter.

Good luck.
TC