[Sir Alan Meale in the Chair] — Backbench business — Claims Management Companies

Part of the debate – in Westminster Hall at 2:39 pm on 8th November 2012.

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Photo of Jackie Doyle-Price Jackie Doyle-Price Conservative, Thurrock 2:39 pm, 8th November 2012

That goes to the crux of the matter. What we have before us is a tighter system of rules, but the problem is the behaviour of firms which are just going out of their way to profiteer. What does the hon. Gentleman think about the view expressed by some in the industry that responsibility should pass to the Financial Conduct Authority, which will be empowered to tackle firms’ behaviour?