CONSUMER DUTY
Iridium offers a comprehensive service to guide financial firms in complying with the Consumer Duty regulations introduced by the FCA. The Consumer Duty entails new rules and outcomes that firms must adhere to, with a focus on customer-centric practices and responsible business operations. Iridium's
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A CLINICAL NEGLIGENCE OVERVIEW
Clinical negligence claims require claimants to establish duty of care, breach of duty, causation, and more. Healthcare workers owe patients a duty of care to avoid physical injuries. The law on advice has evolved with cases like Montgomery, emphasizing the importance of informed consent. Recent leg
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Private Duty Nursing Overview 2021
Private Duty Nursing (PDN) is the provision of individual and continuous care under a physician's direction, including shift care by registered nurses or licensed practical nurses. PDN services are part of the MO HealthNet PDN Program. Eligibility requirements include being under 21 and MO HealthNet
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Europe Heavy-Duty Autonomous Vehicle Market Growth Opportunities 2023-2032
The Europe heavy-duty autonomous vehicle market (excluding U.K.) was valued at $39.6 billion in 2023 and is anticipated to reach $387.2 billion by 2032, witnessing a CAGR of 28.82% during the forecast period 2023-2032.\nRead Report Overview: \/\/bisresearch.com\/industry-report\/europe-heavy-duty-au
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Workers Compensation Solutions for Light Duty Job Assignments
Learn effective solutions for Workers Compensation Light Duty job assignments. This guide provides strategies to create and implement light-duty roles, helping injured employees return to work safely and efficiently. Understand essential benefits and best practices for managing light-duty assignment
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What are the business opportunities in APAC Heavy-Duty Autonomous Vehicle Market
The Asia-Pacific heavy-duty autonomous vehicle market (excluding China) was valued at $34.8 billion in 2023 and is expected to reach $305.3 billion by 2032, growing at a CAGR of 27.28% during the forecast period 2023-2032.\nRead Report Overview: \/\/bisresearch.com\/industry-report\/asia-pacific-hea
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Optimize to Successful Return to work modified duty
Return to work modified duty enables employees recovering from injury or illness to resume work with adjusted responsibilities. This program helps employees reintegrate into the workplace gradually, performing tasks that match their current capabilities while avoiding further injury. Employers retai
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Ensuring Compliance with Prevent Duty in Higher Education
Statutory guidance emphasizes the importance of integrating the Prevent duty into ICT policies in Higher Education. Key points include the need for Acceptable Use Policies (AUPs) to reference the Prevent duty, effective communication of AUPs, and the consideration of web filtering. While filtering i
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Prevent Duty Training for Early Years Education Professionals
The Prevent Duty Training for Early Years Education Professionals aims to provide crucial information on the Prevent Duty and responsibilities outlined in KCSIE 2023. The training covers key aspects such as local risk factors, extremist groups affecting youth, recognizing signs of vulnerability in c
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VA Fiduciary Program Overview
The Veterans Benefits Administration's Fiduciary Program aims to provide oversight for vulnerable beneficiaries who are unable to manage their VA benefits. The program involves a competency determination process, including medical opinions and court determinations, to ensure the proper appointment o
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Understanding Fiduciary Duties and Relationships
Exploring the scope, liabilities, and establishment of fiduciary relationships under law and through de facto circumstances. Emphasizes the importance of acting in good faith and putting the client's interests first.
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Understanding Prevent Duty in Higher Education: Care, Wellbeing & Support
The Prevent duty in higher education requires specified authorities to prevent individuals from being drawn into terrorism. Alongside duty of care, institutions must safeguard staff and student wellbeing while identifying and supporting at-risk students. Effective pastoral care and policies for pray
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Understanding Duty of Care in Health and Social Care Settings
Duty of care in healthcare settings involves promoting wellbeing, ensuring safety, and supporting individuals' rights. Workers must identify concerns, report them appropriately, and support independence while navigating dilemmas and mental capacity issues. The duty extends to enabling individuals to
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Understanding the Duty of Candour in Legal Services
Explore the legal principles behind the Duty of Candour, including when disclosures should be made, training staff to disclose unanticipated events in patient care, liaising with patients and families, and applying open principles in practice. Learn about the statutory Duty of Candour, key recommend
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Principles of Duty of Care and Civil Liability Act 2002 Explained
Understand the duty of care in legal claims, with insights from cases like Adeels Place v. Moubarak and Sullivan v. Moody. Learn practical guidance on pleading duty and explore key principles from the Civil Liability Act 2002, including foreseeability of harm and considerations for negligence.
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Understanding Conditional Duty Exemptions and the Harmonized System
This information delves into the concept of conditional duty exemptions associated with the Common External Tariff (CET) and the Harmonized System (HS). It explains the structure of the Schedule of Rates based on the HS, the application of duty rates in CARICOM, and the lists of items ineligible for
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Understanding Negligence in Tort Law
Negligence in tort law refers to carelessness in legal terms, indicating a failure to meet the basic duty of care that a reasonable person would provide in various situations. It involves breaching a legal duty to take care, resulting in harm to the plaintiff. Key elements include duty to take care,
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Overview of Conditional Duty Exemptions and Ineligible Commodities under CET
The Harmonized System, administered by the WCO, forms the basis for the Schedule of Rates in the CET. Conditional Duty Exemptions allow goods to be imported duty-free or at reduced rates for specific purposes, subject to approval. Certain commodities are deemed ineligible for duty exemptions, based
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Understanding Objectives and Types of Custom Duties
Custom duties play a crucial role in regulating imports and exports, preventing smuggling, and collecting revenue. There are various types of custom duties including basic customs duty, GST, protective duties, safeguard duty, countervailing duty, anti-dumping duty, and social welfare surcharge. Thes
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Understanding Professional Duties in Accountancy
This informative content discusses various aspects of professional duties in accountancy, such as negligence, breach of duty of care, causation, asset valuation, and ethics. It covers topics like duty of care, foreseeability test, breach of duty standards, causation principles, and the accountants'
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Understanding Consumer Duty in Mortgage and Protection
The Mortgage and Protection Event discussed the new FCA Consumer Duty rules and guidance, emphasizing the importance of good consumer outcomes. Mortgage intermediary firms need to assess their current practices against the new standards to ensure fair treatment and monitoring of outcomes. The scope
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Understanding Fiduciary Duties in Higher Education Governance
Explore the concept of fiduciary duties in higher education governance as discussed at the Illinois Public University Trustees Conference. Learn about consequential boards, risks and recommendations for institutions, and the importance of reconfiguring to address challenges. Consider questions on bo
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Understanding Fiduciary Investment in Cryptocurrency
This content delves into the intersection of fiduciary investing and cryptocurrency, focusing on Bitcoin as a viable asset. It discusses the responsibilities of fiduciary investors under the Uniform Prudent Investor Act and explores the caution advised by the DOL regarding adding cryptocurrency opti
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Kant on Moral Autonomy: Insights on Duty and Inclination
Immanuel Kant emphasizes the significance of moral freedom and autonomy, highlighting the superiority of acting out of duty over mere inclination. He asserts that a good will is inherently valuable, irrespective of consequences or external motivations. Kant distinguishes between actions driven by du
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BPAS Partner Conference 2014 Session Highlights
The BPAS Partner Conference 2014 showcased sessions on IRA Rollovers, MyPlanLoan, Fiduciary Services, and more. Topics included auto rollovers, automatic enrollment, fiduciary regulations, and the mission to provide effective retirement plans. The sessions emphasized the importance of employee engag
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Responsibilities and Best Practices for Public Authority Board Members
Understanding the role of public authority board members, their responsibilities under the Public Authorities Reform Act, and key considerations like fiduciary duty, mission alignment, independence, and ethical conduct. Learn how boards can be effective in decision-making and managing risks to serve
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Understanding the Duty of Candour in Health and Social Care Act 2020
The Health and Social Care (Quality and Engagement) (Wales) Act 2020 introduced the duty of candour for NHS bodies in Wales, outlining legal obligations in reporting and taking appropriate action when harm occurs to patients. This Act covers areas such as duty of quality, duty of candour, establishm
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Understanding the Fiduciary Duty Exception to Attorney-Client Privilege
Several courts have deliberated on extending attorney-client privilege to protect communications between law firms' in-house counsel seeking advice on handling potential malpractice claims. This exception, known as the fiduciary duty exception, has faced scrutiny and rejection in recent cases, safeg
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Understanding Fiduciary Duties in Pension Funds
Exploring the intricacies of fiduciary duties within pension funds, this content delves into the distinctions between fiduciary and non-fiduciary duties, the nature of board members' roles, and the standards of skill and experience expected. Discussions also touch upon vicarious liability, conflicts
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Promoting Equality in Wales: Implementing the Socio-economic Duty
The Welsh Government is prioritizing equality and human rights, especially in the context of Brexit, by commencing the socio-economic duty outlined in the Wales Act 2017. This duty requires specified public bodies to consider how their decisions can reduce inequalities associated with socio-economic
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Understanding Qualifying Service for National Guard and Reserves Veterans
National Guard and Reserves veterans are individuals who have served in active military, naval, or air service and were discharged under conditions other than dishonorable. Qualifying service includes active duty for training (ADT) and inactive duty for training (IADT), where disabilities or deaths
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Understanding Fiduciary Duties and Ethical Practices in Non-profit Organizations
Explore the key aspects of fiduciary duties, ethical conduct, and the challenges related to embezzlement in non-profit organizations as discussed at the VFW Auxiliary Senior Vice Presidents Conference. Learn about the duty of care, loyalty, and obedience imposed by law, along with important takeaway
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Understanding Fiduciary Liability Exposure of Design Professionals
Design professionals may potentially owe a fiduciary duty to their clients, which goes beyond the standard duty of care. This duty includes acting in good faith, trust, and candor for the benefit of the client. Recognizing the legal exposures associated with assuming fiduciary duties is crucial in c
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Understanding Obligations and Fiduciary Duty of Officers in Incorporated Societies Act 1908
Explore the essential requirements and responsibilities outlined in the Incorporated Societies Act 1908 for officers serving in incorporated societies. Discover the significance of fiduciary duty and the obligations that officers must uphold to act in good faith and in the best interests of the soci
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Innovative Servicing Approach for ABC, Inc. 401k Plan and ERISA Consulting Services
A unique servicing approach for ABC, Inc. 401k plan by Jared Feinberg, RFC, focusing on fiduciary obligations, plan administration, investment monitoring, and cost control. Also, detailed ERISA consulting services and valuable proposition to plan sponsors to ensure clear business practices, fiduciar
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Understanding the Role and Liabilities of Promoters in Company Formation
Promotion in the formation of a company involves the initial groundwork by a promoter, who assembles funds, property, and managerial expertise. Promoters have a fiduciary duty towards the company and original shareholders, necessitating full disclosure of all material facts. They can be held liable
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Understanding ESOP Fiduciary Responsibility for Value Determination
Gregory E. Kniesel, ASA, and Emily Rickard are experts in ESOP fiduciary responsibility and valuation. Kniesel specializes in financial analysis and valuation, with vast experience in appraisals for various purposes. Rickard focuses on assisting employers in implementing ESOPs and handling related l
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The Fiduciary Standard in Financial Services
Explore the evolution of the fiduciary standard in the financial industry amidst the aftermath of the 2008 crisis. Key players such as SIFMA and industry leaders like Knut A. Rostad share insights on promoting a fiduciary culture to enhance investor protection.
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Legal Responsibilities and Fiduciary Duties of Nonprofit Directors
Understanding the legal responsibilities and fiduciary duties of nonprofit directors is crucial for effective governance. Directors must act in the best interests of the organization, exercise authority under the direction of the board, and fulfill fiduciary obligations with loyalty, honesty, and ca
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The Continuing Duty of Good Faith in Reinsurance Contracts: English Law Perspective
English contract law's view on good faith in reinsurance contracts is analyzed. While no general doctrine of good faith exists in English law, exceptions like the duty of good faith in negotiating and performing contracts as seen in other legal systems are explored. The historical background and rat
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