Competition & Markets Authority Update
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On 22 July 2016 the Competition and Markets Authority (the CMA) published its review of the Sector’s compliance with previous CMA guidance.
The good news is that the CMA recognises the Sector’s progress towards compliance. Less positively, the CMA is concerned that some institutions are taking too long to achieve full compliance. Concurrent with the release of its review, the CMA publicised undertakings it has obtained from three universities to implement particular improvements. The CMA has signalled that it will continue to monitor compliance across the Sector and will work closely with funding bodies and with the QAA. It has also advised students on how they may initiate direct action against non-compliant institutions.