Wednesday, 14 March 2018

Delay to consumer insurance upgrades

On 9 March 2018 the Council has adopted a directive postponing the application date of new rules on consumer insurance products to 1 October 2018, with the deadline for transposition moved to 1 July 2018 (Council delays application of new rules). The new rules are adopted through the Directive 2016/97 on insurance distribution, which originally was supposed to be applicable as of March this year (see our previous post on this directive).

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