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E

E

Employee

(depending on the context) an individual employed by a CLC body, by an entity regulated by another legal regulator or by a local authority or other employer. 

Enforcement

action taken by the CLC in response to a CLC regulated individual, or body, acting in breach of their/its regulatory responsibilities. 

Equalities Legislation

the Equality Act 2010 and any other relevant legislation such as the Human Rights Act 1998.

Estate

the whole of a person's possessions, especially all the property and debts left by them upon their death.

EU Body

an entity providing reserved legal activities in respect of which Control is maintained from a permanent fixed address within the European Union (but outside England and Wales).

EU Home Professional Rules

the professional rules which authorise the European Lawyer and the EU body of which the European Lawyer is a Manager to practise in a state within the European Union (but not England and Wales).

EU Professional Cover

professional indemnity insurance cover provided to the EU Body in accordance with its EU Home Professional Rules which the CLC is satisfied is in all respects equivalent in its conditions and extent to that which would be provided under the CLC Master Policy

EU Professional Cover - Partial

professional indemnity insurance cover provided to the EU Body in accordance with its EU Home Professional Rules which the CLC is satisfied is only partially equivalent in its conditions and extent to that which would be provided under the CLC Master Policy (and is likely to require a Supplemental Policy to accompany it).

European Lawyer

a European Lawyer as defined in the European Communities (Lawyer’s Practice) Regulations 2000 (SI 2000 No 1119) who is not an Authorised Person.

Evidence of Insurance

evidence that the insured individual, or body, has appropriate PII cover. 

Example Approach / Policy / Procedure

guidance documents sometimes provide a possible route to the positive outcomes sought, but importantly are not the only route;

if a member of the regulated community is able to generate the same or better outcomes another way they are encouraged to do so.

Exchange of contracts

This is the point at which signed contracts from the buyer and seller are exchanged and a deposit paid.

Exempt Person - 2007 Act

as defined in Schedule 3 and paragraph 13 and 18 of Schedule 5 of the 2007 Act, a person who is exempt from being an Authorised Person in relation to a reserved legal activity.  

Exempt Person - FSMA

as defined in s.417(1) FSMA, in relation to a Regulated Activity, a person who is exempt from the General Prohibition in respect of that activity.