CMP is a company that provides CMPI to its letting agent members, along the same lines as a trade body, without actually being a trade body. The only benefit provided by CMP to its members is CMPI. CMP provides the ‘financial guarantee’ and purchases insurance to cover its liability to settle claims if one of its members misappropriates client monies. CMP was formed to provide access to this valuable protection without the need to join a trade body. We only provide CMPI and therefore have no ‘Codes of Conduct’ covering all aspects of the letting process, no educational entry requirements, and we undertake no industry lobbying or setting of rules and guidelines. Our only focus is the provision of CMPI to the lettings industry and the transparency and promotion of this important protection to the wider landlord and tenant community. Members of CMP undertake to adhere to the terms and conditions of membership which relate purely to the adequate holding of client monies and the promotion of the CMP membership standards to its clients and customers.