INMA 4.3.5 Notices to the Regulatory Authority
An INMA firm:
(a) every year, must give the Regulatory Authority a copy of the firm’s professional indemnity insurance cover for the following 12-month period;
(b) must notify the authority of any significant changes to the cover, including the level of cover and the renewal or termination of the cover; and
(c) must notify the authority of any significant claim against the firm of professional misconduct or negligence, or by the firm under its professional indemnity insurance cover.
|Derived from QFCRA RM/2014-4 (as from 1st January 2015).|