The information that you provide in this section will be recorded on the Institute’s membership database and will help us to monitor the range of services that chartered secretaries provide. The information will also be used to answer requests from members of the public for a specific provider of a particular service.
Membership of ICSA does not confer automatic authorisation to provide any of the above services. You must therefore be individually qualified/authorised or be covered by a group authorisation to provide these services to the public. For example, to provide investment advice to members of the public, you must have the authorisation of one of the self-regulatory bodies established under the Financial Services Act 1986.
Members of the scheme are required to hold insurance to cover all the activities, which the member is undertaking or proposes to undertake, except where provisional membership applies, either:
Members of the scheme are reminded that they are liable for any excess over and above their own level of cover, in addition to the policy excess.
Any member entering into public practice for the first time can apply to be a provisional member of the scheme for a period of up to 12 months.
Provisional membership exempts a member from the PII requirement, provided that clients and potential clients are made aware of the fact that PII cover is not in place; any failure to inform the client(s) of the lack of PII cover is cause for action under the Institute’s disciplinary procedures. (The 12 month period will allow time for members to gain the relevant experience and knowledge for running a practice.)
When you submit the form, please check that:
You are advised to keep a copy of the information provided on the application form, so that you can check that the data that the Institute holds is correct.
Even though you will probably be reminded to notify the Institute of any changes in your business details before the Register is compiled, you are advised to notify the Institute immediately of any changes.