The Compensation Act received Royal Assent on 25 July 2006 and the Department is now implementing the regulatory framework for claims management services. We have published consultation papers on the secondary legislation, conduct rules, application form and fees.
A head of regulation (Mark Boleat) has been appointed to lead on the operation of the regulation and Staffordshire county council has been awarded the contract to run the Department’s monitoring and compliance unit. A regulatory consultative group with representatives from the key industry organisations has been established to advise on the regulation. It is envisaged that the main regulatory mechanisms would be in place by the end of November 2006, when businesses will be invited to apply for authorisation. The offences and all other key provisions should be fully commenced by April 2007.