Slip Ups Flashcards
1
Q
What is the legislation for data protection in the UK?
A
Data Protection Act 2018
2
Q
In what ways can you treat risk?
A
- Avoid
- Reduce
- Transfer
- Share
- Retain
3
Q
What is the maximum level of uninsured excess?
A
Limit of indemnity less than £10mil - 2.5% of sum insured or £10,000 (whichever is greater)
Limit of indemnity over £10mil - No set limit
4
Q
What was the purpose of the Levitt review?
A
Review commissioned by Governing Council to investigate running of financial accounts and shortcomings to those who raised concerned about this
5
Q
What is Lord Birchard’s Remit?
A
Review aimed to clarify the purpose of RICS, make proposals on governing structure, and incoming leadership, and strategy forthe Institution.
