Written Question·Treasury·UIN 40154
Claims Management Services: Northern Ireland
Tabled: 21 March 2025
Answered: 31 March 2025
Question
Sammy Wilson
Democratic Unionist Party — East Antrim
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential merits of extending the Financial Conduct Authority's powers to regulate claims management companies in Northern Ireland.
Answer
Emma ReynoldsThe Government has no plans to extend the Financial Conduct Authority’s powers to regulate claims management activity in Northern Ireland, but continues to keep the territorial scope of the Financial Conduct Authority’s powers under review.