somes

Extension of deadlines for insurance distribution implementation

Summary

This proposal extends the deadline for EU Member States to implement rules regarding insurance distribution, providing more time for companies to adapt to new requirements.
10 19.03.2018
Other
finance
european union
business and competition
financial institutions and credit

Key points

  • The deadline for Member States to adopt national laws regarding insurance distribution is being extended.
  • Member States must now publish their necessary national measures by July 1, 2018.
  • The new rules must be applied by all Member States no later than October 1, 2018.
  • Previous directives regarding insurance distribution will be repealed starting from October 1, 2018.
Documents (PDFs)
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directive (EU) 2016/97 as regards the date of application of Member States' transposition measures Insurance distribution: date of application of Member States' transposition measures ***I
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