Which judgment of the European Court of Justice ruled that from 21st Dec 2012 insurers cannot use gender as a factor in pricing or benefits
testachats
1 of 20
The Enterprise Act 2016 amended the Insurance Act 2015 by adding an implied term into every contract of insurance that insurers must pay any sums due to their insured within what timeframe
reasonable
2 of 20
What type of employers insurance is compulsory under a 1969 Act
liability
3 of 20
What type of insurance does the Solcitors (Amendment) Act 1974 state that solicitors must have
professionalindemnity
4 of 20
The Third Parities (Rights Against Insurers) Act 2010 sets out to protect insurance proceeds from the effects of what
insolvency
5 of 20
What is the standard rate for Insurance Premium Tax in a percentage
twelve
6 of 20
What is the higher rate (for travel insurance, some vehicles and domestic/electrical appliances) for Insurance Premium Tax in a percentage
twenty
7 of 20
In April 2013 what type of approach to regulation was introduced under the provisions of the Financial Services Act 2012
twinpeaks
8 of 20
Where does the Prudential Regulation Authority sit
bankofengland
9 of 20
What conditions are the minimum requirements that firms must meet in order to be permitted to carry on regulated activities
threshold
10 of 20
Who is the lead regulator from Lloyds as a whole
pra
11 of 20
How many operational objectives does the FCA have
three
12 of 20
How many principles for businesses are there
eleven
13 of 20
What type of person must someone be in order to perform controlled functions
approved
14 of 20
The Public Interest Disclosure Act 1998 (PIDA) concerns what
whistleblowing
15 of 20
Who must any UK-domiciled company wishing to transact insurance in the EU must be authorised by
pra
16 of 20
What is the amount called by which assests must exceed liabilities
solvencymargin
17 of 20
How many days cooling off period is there for a PPI policy
thirty
18 of 20
What is the process by which criminals and terrorists convert money that has been obtained illegally into legitimate funds
moneylaundering
19 of 20
How many principal offences are there under the terms of the Criminal Justice Act 1993
three
20 of 20
Other cards in this set
Card 2
Front
The Enterprise Act 2016 amended the Insurance Act 2015 by adding an implied term into every contract of insurance that insurers must pay any sums due to their insured within what timeframe
Back
reasonable
Card 3
Front
What type of employers insurance is compulsory under a 1969 Act
Back
Card 4
Front
What type of insurance does the Solcitors (Amendment) Act 1974 state that solicitors must have
Back
Card 5
Front
The Third Parities (Rights Against Insurers) Act 2010 sets out to protect insurance proceeds from the effects of what
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