<p>Privately managed parking is currently self-regulating through the two parking trade associations, the British Parking Association (BPA) and the International Parking Community (IPC). Both bodies have Codes of Practice that cap parking fines at £100. <br> <br> Government has had concerns about the current system of self-regulation and we are taking action to improve the situation for motorists through the Parking (Code of Practice) Act 2019.</p><p><br> On 3 November 2019, we announced we were contracting with the British Standards Institution (BSI) to develop a new Code of Practice for all private parking companies as a British Standard, to ensure the new regulation will be robust and of the highest quality. This will consider a range of issues including the cap on parking charges.</p>