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UID:9010-1711364400-1711368000@www.conveyancingassociation.org.uk
SUMMARY:Insurance Distribution Directive – Guidance for Law Firms
DESCRIPTION:From time to time during the conveyancing process\, title defects may come to light\, or time constraints or delays may force transactions to proceed with no searches or expired searches in place. How legal firms manage these types of risks is paramount. \nIndemnity insurance policies can be a way to reduce the buyer’s risk while keeping the transaction on track.  That’s why property search and data specialists\, tmgroup and CLSQ\, are teaming up to deliver an educational webinar to help law firms understand the compliance requirements of the Insurance Distribution Directive (IDD) when arranging insurance. \nThe IDD governs the design and distribution of insurance products\, with a focus on enhancing consumer protection standards and ensuring that the products offered align with consumers’ needs. \nThis hour-long webinar will give legal practitioners an understanding of the IDD’s regulations and reveal common myths and misconceptions and the consequences of non-compliance. \nPresented by CLSQ in association with guest speaker\, Tracey Calvert\, Regulatory Compliance Specialist at Oakalls Consultancy\, the session will cover: \n\nIDD background and overview\nThe legislation and requirements\nThe legal regulators’ stance on IDD\nThe consequences of non-compliance\nThe responsibility of the IDO\nMyths and misconceptions\nQ&A\n\nThe webinar is a unique opportunity for residential conveyancers of all levels to learn about IDD compliance\, and will include time for questions.
URL:https://www.conveyancingassociation.org.uk/event/insurance-distribution-directive-guidance-for-law-firms/
CATEGORIES:Online Webinar
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