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).