Applying for membership of CMP is a simple three stage process. 1. You must complete an application form and submit to CMP together with evidence of your segregated client money account, professional indemnity insurance and membership details of your external redress scheme. 2. Once received, CMP will undertake various credit references on the firm and where applicable the directors and shareholders. 3. If you pass our requirements in Stage One and Two, the firm must then undertake our ‘Client Money questionnaire’ to ensure that the client account is being used correctly and that sufficient funds are held in the account to cover the client money liabilities of the firm.