The Legal Aid, Sentencing and Punishment of Offenders Act 2012 (Referral Fees) Regulations 2013
These Regulations apply various provisions of the Financial Services and Markets Act 2000 (c. 8) (the “2000 Act”) to enable the Financial Conduct Authority (the “FCA”) to enforce the rules against referral fees contained in sections 56 to 60 of the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (c. 10) (the “2012 Act”). These rules prohibit the payment and the receipt of any fee for the referral to another person of claims for damages in connection with personal injury or death. The rules may be enforced against referral fees authorised persons (as defined in regulation 2 and the Schedule), which are primarily those conducting insurance and insurance mediation or those in the same group such authorised persons. Enforcement action may also be taken in certain circumstances against the approved persons of referral fees authorised persons (approved persons include for example persons in certain senior management roles).