The Strategic Partner’s Post

How risky is it to be a director? 🤔 In this quarterly IoD Centre for Corporate Governance, join an expert panel as we assess the extent of director liabilities. We seek to provide an answer to a question of great relevance to all Institute of Directors (IoD) members. How risky is it to serve on a board in the UK and what can I do to mitigate that risk? Gain essential insights into director liabilities in our hour-long webinar: ✔ Explore trends in director indemnity insurance cases ✔Stay updated on regulatory requirements and governance standards ✔Learn practical strategies to identify, assess, and mitigate liabilities ✔Get informed about recent litigation, case law, and legislative updates Whether you're a seasoned director or a corporate professional, this webinar provides invaluable guidance for navigating director liabilities effectively. Register here: https://lnkd.in/eVM2jJC9 #governance #directors #boardofdirectors #litigation

The code of conduct and professional conduct rules The code of conduct and professional conduct rules encompass essential standards including honesty, integrity, fairness, legal compliance, independence, and accountability. These guidelines also address the importance of professional conduct, insurance, governance arrangements, and managing conflicts of interest. Upholding these principles ensures a high level of ethical behaviour within the industry. #ProfessionalEthics #Compliance.

🚨 Are You Leaving Your Firm Exposed to Regulatory Risk? 🚨 The SRA can strike at any time, and standard insurance might not cover you. Don’t let your fee earners face the regulator alone! With Solicitor Insure’s Practicing Certificate Protection (PCP), your team gets specialised support through every step of an SRA investigation. 🛡️ 👉 Protect careers and safeguard your firm’s reputation! Read more on the hidden risks every law firm faces and how PCP can be your ultimate safety net: https://lnkd.in/ebZZt_ap #LegalProtection #SRA #SolicitorInsure #PracticingCertificate #LawFirmRisk #LegalSafety #LawFirmProtection

The ‘Compliance first’ approach can help develop a compliance-oriented culture within your business, thus preventing your business from falling into the quicksand of non-compliance. We understand that implementing the ‘compliance first’ approach can be a bit challenging. Don’t worry. We can help you seamlessly integrate this approach into your business operations to meet legal and insurance obligations. Get in touch with us today to get started. #compliance #compliancefirst #businessoperations #businesssuccess #complianceoriented #SMB #MSP #itserviceprovider

Strong prevention measures could help small suppliers avoid new anti-fraud legislation liability, but potentially lead to more compliance and higher costs. We look at how accountants can navigate the upcoming changes. https://smpl.is/9fruz #ECCTA #FraudPrevention #Compliance

The FCA is concerned with inconsistent fair-value assessment criteria that indicates that some firms may be assessing it incorrectly. Plus, TCC’s experts have become aware of some firms being challenged by the FCA on their product governance arrangements, following Consumer Duty work by the regulator in the insurance sector.   What are the risks?   ➡ A lack of initial gap analysis ➡ Insufficient ‘go – no go’ ➡ Intuitive decision-making ➡ Inadequate oversight and challenge Find out more >> https://bit.ly/4f5K4q3 #FCA #wealthmanagement #financialservices #compliance #complianeexperts

The Registrar of Companies has issued a Public notice to all companies and limited liability partnerships to prepare, maintain and file a copy of the registrar of Beneficial Ownership Information. Failure to which the companies will attract a fine of 500,000 or risk being struck off the register. Additionally, companies are required to notify the Registrar of Companies of any changes to the Beneficial Ownership information within 14 days. Deadline is 30th November 2024. Ensure your entity is compliant with the Companies Act and/or Limited Liability Partnership Act #beneficialownership #compliance #risk

Navigating corporate, legal, and insurance issues can be challenging. Our extensive experience in these areas can help you address these problems effectively and develop policies to avoid future issues. Ensuring compliance and mitigating risks are essential for protecting your business. Let us support you in managing these complex areas. Secure your business's future today. #corporatecompliance #riskmanagement https://lnkd.in/dKwKsPC

You need management liability in place to protect directors and officers in the result of claims made against them. Management liability covers: ✅Breach of trust ✅Breach of duty ✅Neglect ✅Employment Disputes Don't let the fear of making mistakes get in the way of running your business, get in touch today and get the cover you need. Contact us on: ☎️01482 968115 #insurancecover #eyib #managementliability #directorsandofficersinsurance

Calling all claims managers: Are you prepared for the unexpected? Ensure you have sufficient records in place to protect your organisation should your claims 'go legal'. Have you read our latest blog? It offers tips for you to help you navigate the legal maze and ensure efficient, compliant claims processing. If you glean just one insight it will have been worth it - right? The blog highlights; ➡️ Understanding the legal risks ➡️ The importance of documentation ➡️ How important collaboration is ➡️ The importance of continuous learning & learning from the past We hope you enjoy it 👇 https://lnkd.in/ejHPE4cK #claimsmanagement #insurance #legal #compliance #fraud #riskmanagement #legalcases