European Union:
EIOPA Consultation Paper
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On October 30, 2015 the European Insurance and Occupational
Pensions Authority (EIOPA) published a consultation paper on the proposal for
preparatory guidelines on product oversight and governance
arrangements by insurance undertakings and insurance
distributors.
The guidelines will be addressed to competent authorities and
will provide support and guidance on how to proceed in the
preparatory period leading up to the transposition of the Insurance
Distribution Director (IDD).
The paper invites consultation responses – responses must
be received by January 29, 2016.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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