Insurance distribution

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Precedents
1DefinitionsModern Slavery Policy•means the Customer's anti-slavery and human trafficking policy as set out in Schedule [insert] as updated by the...
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Practice notes
Source of funds and wealth was a key focus of the SRA’s Preventing Money Laundering and Financing of Terrorism thematic review, published in March...
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9th Nov
Practice notes
This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
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9th Nov
Precedents
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...
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9th Nov
Precedents
How to use this testThese questions are designed to test your understanding after your attendance at our training on avoiding bribery and...
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9th Nov
Practice notes
The compliance officer for legal practice (COLP) sits at the heart of the firm's regulatory arrangements. This does not mean that the firm and its...
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9th Nov

Most recent Insurance distribution content

Q&As
See Practice Note: Insurance distribution activities—law firms. This confirms that the underlying Directive (EU) 2016/97, Insurance Distribution...
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15th Feb
Q&As
The Financial Conduct Authority (FCA) is the single statutory regulator of the financial services industry in the UK, it is operationally independent...
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15th Feb
Q&As
This obligation derives from the SRA COB Rules, r 12.4: ‘where you have given a personal recommendation to the client, you must, in addition to the...
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15th Feb
Q&As
Failure to comply with the insurance distribution regime could represent a breach of the:•SRA Handbook (the Financial Services Scope and Conduct of...
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15th Feb
Precedents
We have reached a stage in your matter where we believe it would be in your best interests to buy [insert type of insurance] from [state name of third...
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14th Feb
Precedents
After-the-event costs insurance[Explain what sort of insurance contract you are recommending, eg ‘We have recommended that you purchase after the...
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14th Feb
Precedents
We have reached a stage in your matter where we believe it would be in your best interests to buy [insert type of insurance] from [state name of third...
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14th Feb
Precedents
[Insert type, eg Title indemnity] insurance[Explain what sort of insurance contract you are recommending, eg ‘We have recommended that you purchase...
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14th Feb
Practice notes
As a general rule, law firms are not permitted to engage directly in insurance distribution activities, unless they are licensed by the FCA. This...
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8th Feb
Precedents
We have reached a stage in your matter where we believe it would be in your best interests to buy [insert type of insurance]. We have suggested you...
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21st Jan
Precedents
Click for the Precedent Insurance analysis spreadsheet. This Precedent Insurance analysis spreadsheet is intended for law firms and is presented in...
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18th Jan
Precedents
1Client’s demands and needsWhat risk does the client need to insure and why?[Describe the risk the client needs to insure and why]What checks have you...
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18th Jan
Practice notes
This Practice Note explains additional regulatory requirements that apply when you introduce a client to a third party for financial services,...
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15th Jan
Practice notes
This Practice Note has been archived and is not maintained. It relates to the insurance mediation regime applying to law firms before 1 October 2018....
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15th Jan
Q&As
The Insurance Distribution Directive (IDD), Directive 2016/97/EU defines insurance distribution as:‘the activities of advising on, proposing, or...
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26th Dec
Q&As
The requirements of the Solicitors Regulation Authority’s (SRA’s) insurance distribution regime have very limited application in relation to insurance...
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7th Dec

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